Friday, February 8, 2008

No light at the end of the tunnel

Tentacles of sub-prime crisis tighten on UK firms

Not my line, but that of the article. “There seems to be a race between the effects of the credit crunch and central banks who are cutting interest rates. People think that the credit crunch is going to win and that interest rates are not going to come down quickly enough. People are nervous and it is going to stay like this.” Trouble ahead, and a certain HPC

Posted by growler @ 07:51 AM (390 views)
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