And this time from a bank!
June 18, 2008 6:49 AM Subscribe
RBS issues global stock and credit crash alert. We've heard all these stories before from bloggers and even Wall Street magnates, but I've yet to hear such a dire warning from an actual bank.
Though on reading through it a little more, it seems like the bank's warning is to creditors, not debtors like myself. Anyone want to enlighten me on how this well affect people with outstanding credit card balances if our creditors get ruined? (Please, more explanation than "poorly".)
Though on reading through it a little more, it seems like the bank's warning is to creditors, not debtors like myself. Anyone want to enlighten me on how this well affect people with outstanding credit card balances if our creditors get ruined? (Please, more explanation than "poorly".)
This post was deleted for the following reason: You've kind of got a mix of scare-mongering and then somewhat-revoked scaremongering and then an AskMe question here. It's an interesting situation, but this post with this article isn't really a good way to make a front page post about it. -- cortex
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posted by dersins at 6:54 AM on June 18, 2008