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Commodity Trading Discussion Forum

Re: "ed" has an honest question abt credit crunch

Posted By: trend
Date: Friday, 10 October 2008, at 6:58 p.m.

In Response To: "ed" has an honest question abt credit crunch (ed)

YES!

Credit is TIGHT!

Many bussinesses closing or laying off MAINLY because of tight credit! Some banks last week couldn't even gorrow from other banks!

I am not the oldest person in the world bay far! ;)
But, I also am not conmsidered young by any means? ;(

But, credit has been the TIGHTEST!
I-MYSELF, have EVER seen.!

Now, overall I don't think the situation we are in is as bad and a few times before in my life.
But, this credit thing can make it worse? Or if credit gets to moving easier, things can get back to normal?

I believe the tight credit is the main key to the whole situation.
And we may be closer to a bottom than most think? Of course depending on the credit stuff.

Overall I beleave me and you will be just fine. Personaly, money wise. I do better during times like these. But, I DON'T like times like these overall!
My best times were during the high inflation periods.

If you want to print this message, you might have better results, and waste less paper if you print this printer friendly page.

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