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Nervous on banks?
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<blockquote data-quote="bbsam" data-source="post: 5539476" data-attributes="member: 22662"><p>Maybe on the other side of a depression?</p><p></p><p>How long did people think 0% interest to the banks would last? I guess when people will spend on a 22% credit card money that the bank gets a 0%, the general financial understanding of citizens is pretty low. </p><p></p><p>The Fed kept things afloat for a good long time. Maybe they’re running out of magic tricks and snake oil potions.</p></blockquote><p></p>
[QUOTE="bbsam, post: 5539476, member: 22662"] Maybe on the other side of a depression? How long did people think 0% interest to the banks would last? I guess when people will spend on a 22% credit card money that the bank gets a 0%, the general financial understanding of citizens is pretty low. The Fed kept things afloat for a good long time. Maybe they’re running out of magic tricks and snake oil potions. [/QUOTE]
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