PPRuNe Forums - View Single Post - Growing evidence that the downturn is upon us....
Old 4th Apr 2008, 08:24
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Nichibei Aviation
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Banks earn interests on loans
=banks want more people to borrow money
=banks want more people to buy homes
=banks want to force more people to sell their homes for less money
=banks diffuse rumours that people's homes are overpriced on the media

We've seen airlines going bust in the past few weeks because of the recession. Yet, we haven't seen any banks go bust...
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