Thread: DIC: takeover thread
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Old 19th March 2008, 04:09 PM
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Re: DIC: takeover thread
Originally Posted by ratcatcher View Post
People need to think this through. Its very unlikely this credit squeeze will last 12 months never mind 18! It'll probably start improving in the next 3 months and possibly be well on the way to being forgotten in 6 to 12 months.

The Fed has just announced a massive cut in US interest rates. The Bank of Engaln and European central Bank are both injecting billions of pounds \ euros into the banking system.

Yes, things could be as tough as they are now in 18 months time but its highly unlikely. A more likely scenario is the credit squeeze has passed but left some casualties in 6 to 12 months or have gone away completely.
Dude, it's all about confidence and there is none now and won't be for a good while yet, 2 or 3 years chap at least.
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