New Posts For Thread: Gordo has saved ushttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-usFantastic figures again today, 200 billion of qe has translated into 0.2% of growth, we are fecked.When yearly figures of many major companies are released, they are in the red, perhaps the banks have just given up on lending money to non functioning businesses with no business plan, as it should have done years ago, surely a good business will prhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-us?post_id=430913962#430913962When yearly figures of many major companies are released, they are in the red, perhaps the banks have just given up on lending money to non functioning businesses with no business plan, as it should have done years ago, surely a good business will prMon, 26 Apr 2010 08:43:09 -0500That is basically exactly what I am saying . Banks have gone from one extreme to another! from 125% lending to 75% in 2 years. I am saying there shoudl be a balance. A 10% deposit seems ample to get a decent rate of interest. 10% of a houses value tahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-us?post_id=430913958#430913958That is basically exactly what I am saying . Banks have gone from one extreme to another! from 125% lending to 75% in 2 years. I am saying there shoudl be a balance. A 10% deposit seems ample to get a decent rate of interest. 10% of a houses value taMon, 26 Apr 2010 08:40:17 -0500Firstly, I'm sorry but you don't have to apologise every time you disagree with someone.You say the system isn't working. Can you elaborate on that? Do you mean the banks aren't dishing out loans right left and centre to anyone who asks for credit?https://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-us?post_id=430913954#430913954Firstly, I'm sorry but you don't have to apologise every time you disagree with someone.You say the system isn't working. Can you elaborate on that? Do you mean the banks aren't dishing out loans right left and centre to anyone who asks for credit?Mon, 26 Apr 2010 08:31:12 -0500Live 4Sorry, but we will just have to agree to disagree. There are plenty of people that have never had any problems with credit, and cant borrow simply because they do not have large amounts of savings. Believe it or not there are good reasons for nhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-us?post_id=430913950#430913950Live 4Sorry, but we will just have to agree to disagree. There are plenty of people that have never had any problems with credit, and cant borrow simply because they do not have large amounts of savings. Believe it or not there are good reasons for nMon, 26 Apr 2010 08:24:36 -0500I think you'll find the banks aren't lending because there is a lack of credit worthy businesses and individuals available to lend to.This recession was caused in the main by banks lending too much money (much of it against over-valued assets) to toohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-us?post_id=430913946#430913946I think you'll find the banks aren't lending because there is a lack of credit worthy businesses and individuals available to lend to.This recession was caused in the main by banks lending too much money (much of it against over-valued assets) to tooMon, 26 Apr 2010 08:13:28 -0500The 200 billion is sitting on the banks balance sheets, ensuring FSA tolerance levels are met! Banks still arenet lending it, because the money markets arent working properly!https://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-us?post_id=430913942#430913942The 200 billion is sitting on the banks balance sheets, ensuring FSA tolerance levels are met! Banks still arenet lending it, because the money markets arent working properly!Fri, 23 Apr 2010 10:40:45 -0500Fantastic figures again today, 200 billion of qe has translated into 0.2% of growth, we are fecked.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23908394/gordo-has-saved-us?post_id=430913938#430913938Fantastic figures again today, 200 billion of qe has translated into 0.2% of growth, we are fecked.Fri, 23 Apr 2010 09:32:33 -0500