i'm already cutting the amount of money i send, and i'm sure i will not be the only one..
sub prime effects banks all around the world, but it hasn't stopped rbs phoning me up the other day asking if i want to extend a loan, or barclay card asking me to transfer a balance from another card fixed at 6.9%, abby are offering more than 1 yr interest free balance transfers..., some are even offering 14 months..
of course the phils will be hit. in the last what 6 months, the php to the £ has gone from around 93 php to the £, to 80 php to the £.. , more than 10 % more expensive now to buy from the phils.. , exports are going to suffer, so will jobs..
