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How is the Credit Crunch Affecting your Business?

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Subject:  How is the Credit Crunch Affecting your Business?
Author:   MarthaMe:   view profile | all posts by this author | add to favourites
Date:   08:32:50 19 June 2008
 
Found some more info on the credit crunch that might answer some more of your questions because I knew there was more that I've been reading about the incredible state of our economy...then I really should get back to work.  Not motivated as it is almost Friday :). The other thing I wanted to mention was the pension crisis, as I believe that is also an extension of the economic slump or 'credit crunch.'  http://uk.moneto.eu/pensions/pension-protection/crisis/ there is more explanation in that article, however it just doesn't make sense to me that the state would be cutting back on pensions because were does that leave the elderly in 10, 20, 30 years. Also here.... http://www.financemarkets.co.uk/2007/12/23/threats-for-the-uk-economy-in-2008/
they list out all the specific problems the economy is being affected by.  There is looming debt, however at least now some bank charges can be reclaimed but that doesn't neccessarily help that issue, there is the property/home market where prices are just terrible, and also the pound is overvalued and inflation. It seems like a lot of businesses should be feeling the shocks from this, however I do not see it being as extreme as the economic forecasts. That is enough of my spiel...of to work again for me :(.
 
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  • How is the Credit Crunch Affecting your Business?, MalcolmWright, 18 Jun 11:34
    It's probably something that a lot of businesses are looking at right now, but I'm curious to find out from the e-community what the perception is. - Are you holding back on get ...
    • How is the Credit Crunch Affecting your Business?, MarthaMe, 19 Jun 08:06
      I believe that not all sectors of the economy are being affected by the creditcrunch.  Obviously the interest rate dropping is hurting some businesses, however I feel that creating ...
      • How is the Credit Crunch Affecting your Business?, MarthaMe, 19 Jun 08:32
        Found some more info on the credit crunch that might answer some more of your questions because I knew there was more that I've been reading about the incredible state of our econo ...
    • How is the Credit Crunch Affecting your Business?, textor, 20 Jun 12:43
      Oddly we haven't seen anything.  But it is not just the credit crunch.  The next few years are not looking very bright all round. - Who knows if any other banks are heading for ...
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