Wednesday, May 19, 2010

Now all savers are losing money

As the Telegraph points out now UK inflation exceeds all interest rates on offer in the UK.

Money is being syphoned away from those with savings to those with debts.

This can't last.

1 comment:

Anonymous said...

It's going to hurt, even MP's, but it has to be done. House Prices are the bubble. Every economist, even those sofa based ones know bubbles are bad.