ext_23022 ([identity profile] johnny9fingers.livejournal.com) wrote in [personal profile] johnny9fingers 2008-03-17 10:57 pm (UTC)

Re: Rubbish, my dear

I agree with much of that, but it is about (as we both know) confidence. Confidence that the institutions aren't going to expose folk to unnecessary risk, or a proper explanation of that risk. The UK mortgage situation looks volatile at present. Folk aren't being sold quite the same financial products as they were two years ago. Economics have driven politics for a long time this cycle....I think that is about to change.

Post a comment in response:

This account has disabled anonymous posting.
If you don't have an account you can create one now.
HTML doesn't work in the subject.
More info about formatting