Andrew Ducker (andrewducker) wrote,
Andrew Ducker
andrewducker

Bank lending

There’s something about the government's repeated attempts to make banks lend more that troubles me. If banks aren't lending to businesses then it's because they view them as being high risk for repaying them. Lending to people who weren’t able to pay it back was the prime cause of the recent banking boom/crash.

So why do we think that loosening lending requirements is a good idea now?

I’m serious, can someone explain it to me?



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