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Give Thanks For Aussie Banks

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  • Give Thanks For Aussie Banks

    Listener says: Aussie banks Squeeze Kiwis But is this true? - 5 reasons To give thanks 5 ways To do better - Our banks strong No dumb CDOs Easy to ...


    From: http://www.youtube.com/watch?v=FO7Ed5Gp_XM

    Cheers

    Marc
    Last edited by Marc; 03-04-2009, 10:54 AM.
    Free business resources - www.BusinessBlogsHub.com

  • #2
    Do low interest rates for depositors count as being "squeezed" ?

    Id say it does! As depositors money looses value compared to the real rate of inflation as opposed to government and RB calculations + more tax gathered on cash thats already been taxed to oblivion.

    With out savers, banks have no real purpose except as funnels for funny currency...

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