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Old 17-02-2011, 20:19   #32
Stuart
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Re: Top Ten Real Causes Of Banking Crisis

Quote:
Originally Posted by Maggy J View Post
This is what is puzzling me..I'm getting so many leaflets from so many differing sources(banks) exhorting me to take out loans or get a credit card and yet all we hear is that the banks are not loaning enough money.
The problem is that during a recession, one of the first things the banks did was to stop loaning money to small businesses. Some of whom, as a result, go bankrupt.
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