La contracción del crédito segundos

I think the 2nd round of major credit tightening is about to begin. This article articulates what is beginning to occur in banks becoming more skittish about the happenings in EU and the compiling of uncertainty that is bound stress credit markets worldwide. Let’s hope they can get their economic act together, as well as the US because I think this is a preview of what can happen to us since we are in a period of super cheap borrowing. But, the austerity measure should be moderate. Nothing like what Greece is experiencing because that is too much too soon.


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