NJ5 on 05 July 2009
| SamuelRSmith said: Injecting money into the banking system is working, though. Banks are lending more, now. They're profitable, and some banks have started paying their bailouts back (read: Northern Rock). |
Profitable banks which are lending out money... that looks exactly like what was happening before the collapse.
Sorry but that alone doesn't convince me. The banking system has a lot to do before they gain trust back (at least from me). I mean, those profits are often "paper profits" which don't translate to reality.
My Mario Kart Wii friend code: 2707-1866-0957
