tag:blogger.com,1999:blog-7955931801857074032.post4886899896519606718..comments2021-12-12T21:02:14.651+04:00Comments on Ab's thoughts..: Want to make more money? ? ?Anonymoushttp://www.blogger.com/profile/10753933195594812062noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7955931801857074032.post-41785130030824113972012-01-14T08:39:10.416+04:002012-01-14T08:39:10.416+04:00Agree with Anish. The money is with the banks. T...Agree with Anish. The money is with the banks. The pendulum has swung far too much the other way. The banks went from massively idiotic ways of doling out cash to unworthy borrowers to now overtly conservative even with worthy borrowers. Hope the big banks get their heads out off their ass. Start spending people!<br />SanjayRajhttps://www.blogger.com/profile/07927721811074516858noreply@blogger.comtag:blogger.com,1999:blog-7955931801857074032.post-13076584902919681672012-01-13T19:55:17.757+04:002012-01-13T19:55:17.757+04:00thanks bob, totally agree.. its a long debate on t...thanks bob, totally agree.. its a long debate on the reason why banks need more money, including the fact that a small group of people wanted to exploit the less learned people who really thought that there were no risks involved in borrowing money (i.e. LEVERAGE)<br /><br />having said, by not spending.. the money is with the banks anyway.. :) it just not getting transferred. :)Anonymoushttps://www.blogger.com/profile/10753933195594812062noreply@blogger.comtag:blogger.com,1999:blog-7955931801857074032.post-87464879380151565662012-01-13T19:38:45.215+04:002012-01-13T19:38:45.215+04:00Interesting! Keynes referred it as the "parad...Interesting! Keynes referred it as the "paradox of thrift"- if during hard times the rational thing would be to save and eventually the people saving will have no jobs as nobody is consuming!But this financial crisis is different because as much as a supermarket or a restaurant needs the money, even the banks need money-so saving may not be such a bad thing.As the old Chinese curse goes- May you live in interesting times!bobthakerhttps://www.blogger.com/profile/09912557796196004655noreply@blogger.com