Join Nostr
2025-10-17 20:25:04 UTC
in reply to

Leigh Silvester on Nostr: Yes , things like affordability tests restrict the volume of money lending, but it ...

Yes , things like affordability tests restrict the volume of money lending, but it does have its upside. I believe these were relaxed in the UK. Similarly buffer funds were a requirement following the 2008 crash. Lost track of whether that requirement has been relaxed.

Will tax payers be expected to bail out banks again? There really shouldn't be any need as surely they have learnt valuable lessons....