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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (683923)11/8/2012 8:58:52 PM
From: combjelly  Read Replies (3) of 1572506
 

It's been four years since the financial crisis of 2008. Lending should be back to normal by now.


Why? What is so special about 4 years? Sometimes it takes decades for lending to return to normal levels. The last real estate bubble we have had was The Long Depression. I will let you guess how it got its name. It was primarily in Europe, so we came out of it pretty quick. In fact, we had yet another panic before it ended.

The only thing that could cause trouble that we can project is if Europe gets worse. If that doesn't happen, the next 12 months will be much better.

So let's revisit this at the end of next year.
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