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"the tightest credit market "since the Depression" (quoted in...

  1. michinyon
    6,716 Posts.
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    17/03/08
    18:59
    Post #: 3479838
    "the tightest credit market "since the Depression" (quoted in AFR today).


    What a ridiculous ignorant statement !

    "The Depression" was a pretty crook period, but the credit market then was not "tight" at all. Tight credit was the least of their problems.

    I suggest that whoever wrote that, follow Challenger CEO Tilley's advice and actually read about what happened in the 1930's.
    CNP Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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