How to wean the masses off suckling the state money - that will be the challenge!& now things start getting interesting ....
UK.
The Financial Conduct Authority, which supervises banks and credit providers across the country, asking banks to freeze repayments on loans and credit cards for up to three months for those facing difficulties. The FCA is asking banks to respond to the proposed measures by Monday 6 April, and it wants them to come into force by Thursday 9 April.
So that's errrm 0% ? .. with 0 to pay back ?.
Oh yeah!
Gimme gimmme gimme !!!!!
As usual the impecunious and debt laden are being rewarded - what is the point of saving?
Taxpayers will be squeezed for years to come and the zombie economy kept on life support - this is the path of least resistance!