This is very true, but it must be borne in mind that the Banks worldwide are forced to pay a minimum interest rate for deposits. As we all heard yesterday, and many knew already, the Banks caused the Great Recession. No point in blaming politicians but recklessness and greed of Bankers caused a massive world influx of debt.
People need to e careful with their money and do their research carefully. It's the same everywhere, so don't listen to brokers who think they know it all. These people work on
commission, so indirectly you're paying them for their advice.
A fool and his money are easily parted.