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| Bank Problems | |
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| Tweet Topic Started: Apr 18 2008, 09:05 PM (196 Views) | |
| Noolsey | Apr 18 2008, 09:05 PM Post #1 |
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Just a preview on the news, The Royal Bank Of Scotland are also in money troubles now. £10 billion kind fo trouble. That's the second bank in a year. If they get as bad as the other (I can't remember the name of it, embarrasingly) then it could go down too, I guess. Being the second largest in the UK (I believe) then there's no way to tell what may happen to the others. The British and Irish banking system is, well, I would soon consider it to be a crisis. What do you think will happen? Everything should return to normal after time, but if the banking system breaks down so will society as we know it. |
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| - Razberi - | Apr 18 2008, 09:07 PM Post #2 |
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I don't care for banks much, I'd rather keep what little money I have, in a safe. Get sh!t all interest anyway, and you can get some fairly decent loan deals elsewhere although "but if the banking system breaks down so will society as we know it." could be a problem. The other bank was Northern Rock, wasn't it? Probably wasn't. |
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| Noolsey | Apr 18 2008, 09:12 PM Post #3 |
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Yeah, Northern Rock sounds right. The people banking with them will lose their money. Most employers won't be able to pay the full wage in cash, I expect and well, the loss of the banking system will ruin everything. More and more people will be robbed of their money, not having a safe place to store it. Yeah, you get the idea. |
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| Chunks | Apr 18 2008, 09:15 PM Post #4 |
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The Internet told me I wasnt good enough so I hung myself D:
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It was Northern Rock, I know, I just did Simple Intrest in schoool with the most exaggerated teacher ever. |
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