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  • Be Prepared for S&P to Hit 350 by June 2010  [View article]
    As a consumer, not a small business man, my sources of credit are being reduced also through lower credit limits and higher interest rates, which I am much less inclined to use. This is of even greater consequence than small business as consumers are 70% of economic activity. That is percentage is going to fall. Economic activity is constricting, and we cannot yet tell by how much. Green shoots are an indicator--not a final verdict. Sometimes green shoots in spring get nipped by an unexpected freeze.
    May 28 10:24 am |Rating: +7 0 |Link to Comment
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