maandag 13 oktober 2008

Money on the bank or under the mattress?

President Bush and the G7 have decided that we need a global approach for our financial crisis. The plan is that the government will stand surety for all the money of the savers or the banks will fall into the hands of the national governments. But will this be enough to regain the trust of the savers, or will they keep their money in their hindingplaces at home? Hopefully the savers will see the difference with the crisis in the '30 and realise the importance of our banks in our economy.

Source: http://www.nieuwsblad.be/Article/Detail.aspx?articleID=DMF11102008_032

Annelien Goessens

1 opmerking:

EcoEnglish zei

President Bush and the G7 have decided that we need a global approach for our financial crisis. The plan is that the government will stand surety for all the money of the savers or the banks will fall into the hands of the national governments. But will this be enough to regain the trust of the savers, or will they keep their money in their hindingplaces [hiding places] at home? Hopefully the savers will see the difference with the crisis in the '30 [see the difference between this crisis and the one in the 1930ies] and realise the importance of our banks in our economy.