CRY POVERTY AS BANKS HOLD BILLIONS MORE OF OUR SAVINGS!

As the banks cry poverty and say it will cost them a fortune to borrow money from their own shadowy lenders and we are all facing the looming threat of negative interest rates … what’s happened to all the dosh we’ve saved while we’ve been languishing in lock-down austerity?

Well, this is what the Bank of England had to say … In the UK, the Bank of England says bank deposits soared by £13.1bn in March, a record monthly rise.

And lock-down hasn’t been going on for just a month!

How much do the banks actually have of OUR money while they hold a gun to OUR heads?

This is what Patrick Collinson wrote in The Guardian:

https://www.theguardian.com/money/2020/may/29/half-of-britain-is-broke-and-the-other-half-is-richer-than-ever

TAGS: #bank #robber #bankrobber #banks #negativeintererestrates #our billions

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By Leigh Banks

I am a journalist, writer and broadcaster ... lately I've been concentrating on music, I spent many years as a music critic and a travel writer ... I gave up my last editorship a while ago and started concentrating on my blog. I was also asked to join AirTV International as a co host of a new show called Postcard ...

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