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What needs to happen in order for the credit crunch to end?
Comments
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Originally Posted by JayTee99
well... it may not be all over yet,
Professor Nouriel Roubini (nicknamed Dr. Doom) predicting worse times to come for the markets
This is the guy who predicted all this over 2 years ago..
http://www.rgemonitor.com/blog/roubini
.
Shame a few more people didn't take more notice of him at the time.
Dave.
True, but no-one likes to hear bad news in the good times
NY Times
marketwatch.com
wikipedia
.0 -
ivavoucher wrote: »All banks to completely reveal the extent of their subprime commitments.
This would then restore some confidence between the banks and would encourage lending between them.
I rather think the opposite would happen, that's why they won't reveal the figures!!0
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