Senator Predicts "Revolution" If Banks Don't Lend
Senator Christopher Dodd has shockingly predicted that public anger at banks' refusal to disperse credit could lead to a "revolution," while another analyst says government intervention could mean banks are cut out of the loop entirely.
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• Britain may need 0% interest rate to avoid a depression, leading economist warns
• ANOTHER Black Monday: FTSE plunges 5% after Asian stocks post record falls
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• Oil tumbles 3 percent to 17-month low
Monday, 27 October 2008
Posted by Britannia Radio at 14:43