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Ummmm.... not wishing to be a prophet of doom, but,..... I have seen rosier economic outlooks in my time that what we currently have. And from what I can see it does appear to be affecting the US & Europe as much as anywhere. Don't gret me wrong, the shops are full & people generally have jobs & there is affluence & stability: but you don't need to be a genius to understand that living on credit, borrowing money to be repaid later, does mean that the need is for people to repay their debts. If for whatever reasons those debts are not repayable then the banks lose money, be it, as it is, their own fault, they will still recoup those losses by penalising all of their customers in one way or another. 'Buddy, can you spare a dime' it is not. But the loss of confidence is palpable at the moment in economic headlines, just dont tell the Chinese.......

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17y ago

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