Comments on: Closing Business during the so called credit crunch!

By: Savings Expert

Savings Expert — Mon, 25 Jan 2010 15:01:57 +0000

It is a struggle for every company during the recession but on the positive side it separates the well run businesses from those just floating along because the economyu is doing well. In a way it streamlines the way businesses are run.

By: azali-pemasaran anda

azali-pemasaran anda — Sat, 25 Jul 2009 11:05:58 +0000

I think whose want to close of business should take a few step before make a final decision. First, try to cut the cost first, after that not to make unnecessary expenses and try to make a saving.

By: finance review

finance review — Tue, 21 Apr 2009 01:56:09 +0000

Interesting article. Opposing and also agreeing to somewhat of Andy’s argument I believe that the credit crunch is certainly used in the wrong way. However, because of the housing market collapse because of former lending practices, the the financial sector suffered because of “bad loans/mortgages” which caused the other sectors in the equity markets to suffer and now we are seeing a domino effect.

By: Mike

Mike — Tue, 18 Nov 2008 12:43:54 +0000

Hi Andy, thanks for your comment.

Interesting view. If there is no such thing, why is it referred to? Are you suggesting that it is a media hype? Banks have certainly stopped lending, businesses and consumers are certainly finding it more difficult to raise credit and there is certainly a slow down on the number of mortgages on offer.

No credit crunch?

By: Andy

Andy — Tue, 18 Nov 2008 04:05:42 +0000

There is no such thing as the ‘credit crunch’.

How is your life any different now than it was this time last year?

By: Tony

Tony — Mon, 08 Sep 2008 15:00:02 +0000

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