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Monday, 23 February 2009

Dear Cash Holders,



It is said whoever has cash in hands will be the king.

Having shares is no good.

Having properties is no good.

Although the saving interest rates are near to zero, at least you don't have to pay to put your money in banks.

And you have the flexibility of using your cash.

Some countries plan to build more houses to create jobs.

It will reduce the rate of unemployment, but who is going to buy the houses?

I suppose more houses means cheaper price as well, it is not a bad thing for consumers.

Banks say they will lend more within the next two years, after so long the government lends them so much money.

Royal Bank of Scotland is going to sell upto one fifth of its toxic debt away.

Buyers? Government.

Who is going to buy the extra houses built? Government.

Well, they all go back to the tax payers' money.

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