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Old 07-02-2004, 02:55   #19
Shaun
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Join Date: Jun 2003
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Re: Economy picking up steam :)

Quote:
Originally Posted by Popeye
the way I see it is this:

now that everyone has been duped into getting a massive mortgage

they will slowly turn the screws onto the interest rates


they always do it - the labour prats


15% interest when they were last ousted (it was 19% for a short while)
No one forces people into borrowing stupidly, thats like saying that because they haven't increased the tax on Scotch that they make you drink irresponsibly

From my understanding of the situation Labour aren't in control of the interest rates now anyway, its the bank of England!!!
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