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Podcast: Shake the Tree
Episode: MTE 05. “Why, are Barclays BANK, not moving with the times”..?
Description: 2,949 words, 20 mins. - Banks lend a client money for 20 years, and they are delighted to do so. But come term end, suddenly, lending money appears an alien process to the Bank, & as the American country music artist, Sammy Kershaw’s song, of January 2003 title says. "I, Want, My Money Back". The Banks likely have good reason for this, but the Banks behaviour & actions, is contrary to societal cohesion, & what’s more of a surprise, contrary to them gaining profit, likely via a raised interest rate, and via lending at a lower than usual risk, and having a lower associated lending costs...