XJO 0.16% 7,958.3 s&p/asx 200

I too am shocked.....the problem is with the banking...

  1. 6,299 Posts.
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    I too am shocked.....the problem is with the banking system...they just simply aren't lending. It is a genuine credit squeeze. I fail to see how lowering (already record low rates) will resolve or improve the problem at all ?
 
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