mortages

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It’s a solvency problem, not a liquidity problem

http://www.markshuttleworth.com

The term “credit crunch” is very misleading for the current crisis. It suggests that the problem is merely one of confidence, that calm will return if liquidity is introduced to the system.

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Created by Jimbob 6 years 9 weeks ago – Made popular 6 years 9 weeks ago
Category: Business   Tags: