The credit crunch: your questions answered
5:36pmWe've started posting economic analyst Graham Turner's answers to readers' questions on Trading Floor. You can view Graham's responses here.
Monday, 23rd June 2008
Previous
Click here for this week's magazine
Blogs: Americano | Trading Floor | Clive Davis | Melanie Phillips | Stephen Pollard
Actions: Email to a friend | Permalink | Comments (1)
Post this entry to: del.icio.us | Digg | Newsvine | NowPublic | Reddit
Post a comment
Advertisement
Latest blog posts
Coffee House Blog Roll
And, of course, our very own Tamzin Lightwater
Coffee House archive
sponsored links
Golf Shop on eBay
Shoes, apparel & many more golfing goods when you search online now.
Comments
Rex Burr
July 3rd, 2008 3:40pmBorrowing doesn’t increase a population’s buying power, it just brings it forward.
When borrowing is up to the limit, the party has to end and spending returns to the level it would have been without credit, less the interest charges.
So how does credit boost an economy?
(I realise that borrowing by business for investment is another story.)