O APOIO DE ANITTA AO LULA CAUSOU DISCUSSÃO NO PROGRAMA | Pânico 2022 #171

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The Governments Great Bank Bailout Has Not Worked!

The problem we face now is not the cost of money but the availability of money. We need the interbank base rate to ease up to make it possible for banks to get money from the markets to allow them to lend again properly. The low interest rates at present do not allow the banks to attract savers to save money that they can in turn lend to borrowers. To get the banks to start lending again we need confidence and knowledge that the banks are sound.

Housing Market Crash in North America

The US economy is witnessing one of the worst recessions of all times. The brunt of mass layoffs, high gas prices, company declaring bankruptcy and ailing banks and financial institutes has severely affected millions of American households.