James Miller


Thursday, December 04, 2008

Who's Paying for the Mess?


I lend money on a peer-to-peer lending site on the Internet. Rates to borrowers have gone up despite the cuts in base rate over the last few weeks. So this probably reflects what the banks are charging. i.e. More. Savers are also being screwed.

The only people who seem to be benefitting are those that got us into this mess in the first place. The bankers!


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