What credit crunch???

February 16, 2009 5:14pm CST
I live in the Uk & all we have been hearing about is this world wide credit crunch. Banks nearly going bankrupt, unemployment going up & companies going down. I am a small business person running a design & property maintenance company so why have we not seen any dip in available work?None of my customers, work collegues or friends have had any credit crunch problems so were is this all coming from. 1. Is this just the banks after more of our money? or 2. Is this our goverments trying to cover things that they have caused? Do YOU Know??? If you do then please tell me...
1 response
onedaysoon
@onedaysoon (651)
• United States
16 Feb 09
I don't know much about the full effect on the U.K., but here in the U.S. just about everyone is feeling it. Many people have lost their jobs, small companies and even large establish chains have gone under. I could go on and on. You are very lucky to not be effected by it!