With all the confusion and the conflict between government and Bank of England, who exactly should a bank lend money to?
Right, lets get down to the old brass tacks. The banks have been loaned (not given) the money to lend.
These banks need to maker a profit. This means only lending to those certain to keep up the repayments (a new concept I know).
Who do they lend the money to make that profit? Let’s make a yes / no list and see.
Home brew kit seller
New car salesman
New computer salesman
Car assembly line worker
Dry cleaner owner
Independent shop owner
Luxury goods salesperson
This is my quick list, have you got any to add?
Originally Posted 27/03/2009