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Politics : The Obama - Clinton Disaster

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To: tonto who wrote (30822)5/24/2010 5:49:51 PM
From: DuckTapeSunroof  Read Replies (3) of 103300
 
Re: "Companies are still afraid to pull the trigger on expansions because of uncertainties in the market."

Well... with unemployment at a modern record level....

And (US) inflation vanishing (between 1% and negative numbers in latest measures... depending on which particular measure you favor, for me it's the "trimmed mean PCE" put out by Dallas Fed and currently reporting 0.1% producer inflation... but ALL of the domestic 'flation gauges are trending downward....)

And Money Supply stagnant....

And demand weak still....

And Europe in deeper "doo" then we are....

And China tightening credit....

And the two national political parties finding it near impossible to work together for the national good on any measure....

And faith lost in most *all* big institutions....

Who can fault a lender for not wanting to stick his neck out?

Or a borrower (perhaps having long lived above his means...) who wants to ballast his personal ship for tough sailing?
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