Tuesday, 19 February 2008

U.S. Credit Markets Collapsing !

The U.S. credit markets, the giant growth engine that powers the American economy, are collapsing ... with few credit sectors spared from damage, few investors escaping losses, and little hope of federal action that's quick or strong enough to make a major difference.

Here's what's happening ...
http://www.moneyandmarkets.com/Issues.aspx?NewsletterEntryId=1453

There's a lot of problems with the US economy, no matter what happens there will be no recovery from this mess for some time to come. Invest cautiously and minimise your debts.

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