The credit crunch will be over when most banks get rid of their toxic assets thus enabling money/loans to flow again like before. money makes the world go round and if you cant borrow money from the bank to buy a car..then it will affect many different people on the whole. car companies will have losses making them lay people off…its a vicious cycle. its like a cascade effect, one thing has an affect on another

i personally thing it will last for maybe 2/3 years, the wars in iraq/afghanistan is not helping aswell and analysists suggest america will be in SERIOUS debt in the future. not to say their not in debt right now lolExperts?!?

They couldn't see it coming, what makes you think they can tell when it'll be over?

Don't stress. If you've got your health, somewhere dry to sleep and enough food to keep you going, you'll be fine.Here is more bad news. All the talk is about the tight credit. That will be over within the next 18 months, max. But the bad news is that inflation will be rampant for the next several years.I predict that a loaf of bread will be over $5 loaf, and that is when it will be run on sale.Gasoline will hit $6 a gallon.Your heating and cooling bill will triple.
We are printing up money and giving it away. Our money system has nothing to back it up.Sooner or later, after we got off the gold standard, it had to finally catch up with us, and the piper will have to be paid. In the form of worthless paper money.Experts? EXPERTS??

I'll say it again! Experts!?

Where?

Show me?

These so called 'experts' have ALL been shown to know sweet F*K ALL about Money! They don't know sh*t isn't that obvious?

Maybe they are getting some tips from GOD, he's another one that just can't handle money, always needs more, tax free!

It'll end in tears!Forget the experts, we saw it coming years ago due to lax practises with credit, sold our business and got out. About another 18 months of this recession to get through first and then perhaps with proper care and due diligence in the banking industry we might get back on track. There is much worse to come before October 2009 and by Christmas there will be 6 million unemployed people living in our country that we know of including the unemployables and the parasites who never want to contribute.I agree with KakJam these people are not "experts". This credit happened due to people wanting what they could not afford and that does not include people on benefits as they are not able to get credit. I have always lived within my means,belts need tightening and we need to appreciate the fact that life is for living not spending copious amounts of money. x

 

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