America can learn from France.

[Omen]

Financial responsibility!

French hold out against credit crunch

Unlike Britain, the US and many other countries, France appears to be weathering the credit crunch storm in reasonable shape.

"I'm not suggesting that we have the basic principles right, I'm not suggesting that we can teach the world lessons," Ms Lagarde says.

"But I think it will be for each and every category of players, traders, regulators, supervisors, to examine what they have done, what they should have done and what they should be doing in the future to bring a bit more morality into the system.

"I think we have let this world of fantasy and virtuality overcome reality... There have to be more principles, more discipline and a bit more reality," the minister says.

BBC NEWS | Europe | French hold out against credit crunch

[Australian made]

Financial responsibility!



BBC NEWS | Europe | French hold out against credit crunch

I like the fact that they make it hard for ordinary people to get credit. It would make a huge difference in household debt.

They forgot to mention a certain french trader at SocGen single handidly losing £4.7BN though.

You in the UK Omen?

[Mo250]

not to mention they have plenty of nuclear plants.

[Australian made]

and are hated by everyone.

[Mo250]

good champagne too

[Omen]

I like the fact that they make it hard for ordinary people to get credit. It would make a huge difference in household debt.

They forgot to mention a certain french trader at SocGen single handidly losing £4.7BN though.

You in the UK Omen?

No, I'm American, living in the US.

Not saying we should copy cat France, but we can learn a bit from them, the way people here use their credit is idiotic........"free money"........f**king retards.....

[Australian made]

No, I'm American, living in the US.

Not saying we should copy cat France, but we can learn a bit from them, the way people here use their credit is idiotic........"free money"........f**king retards.....

i only ask because ive seen you post a few links to bbc on AM.

[Omen]

i only ask because ive seen you post a few links to bbc on AM.

I don't have a TV in my house anymore I gave away the 2 I had, American TV is sh*t, pure unrefined sh*t.

I have news feeds from local sources and international sources, I want certain news when I want it, I do not want to hear about a celebrity who died or a place that caught on fire and collapsed 5 counties away, what does not affect me, does not concern me.

My laptop is my TOCC.

[RobInKuwait]

Wow....this is one scary thread title.

I do agree though...easy credit is bad news.

[RenegadeRows]

Wee wee.