Sunday, February 22, 2009

Banking as a Servant to the Economy, never its Master

Well said. Please read this article. That's the way banking should be. Good old old-fashion banking.

2 comments:

Anonymous said...

It's too late now for the world banking system to learn.

The Eagle said...

Looks like we are in for quite a long period of recession. On a better note however, there are still crowds at shopping malls and food courts, and even restaurants, people are still spending, which is a good sign. At the moment, only big ticket items like Houses and Cars are affected in terms of demand.