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Temjin,

I think you will find that businesses do want to borrow but the banks are unwilling to do so, credit rationing.

Talking to a good friend who headed up the risk management department with one of the big four leads me to believe this along with friends and clients opinions. He has now setup his own company specializing in finding credit for mature and good cash flow businesses. He said it is very tight and difficult at the moment with sound business unable to secure money for further expansion or just day to day activities.

It is this anecdotal evidence that leads me to believe that all is not well in the corporate and business world.

It is business that are the power generators of the economy not the RE market. No business growth, no growth in employment, no money to pay of massive RE debt.

Again only time will tell.

<blockquote data-quote="satanoperca" data-source="post: 502003" data-attributes="member: 23453">Temjin,I think you will find that businesses do want to borrow but the banks are unwilling to do so, credit rationing. Talking to a good friend who headed up the risk management department with one of the big four leads me to believe this along with friends and clients opinions. He has now setup his own company specializing in finding credit for mature and good cash flow businesses. He said it is very tight and difficult at the moment with sound business unable to secure money for further expansion or just day to day activities.It is this anecdotal evidence that leads me to believe that all is not well in the corporate and business world.It is business that are the power generators of the economy not the RE market. No business growth, no growth in employment, no money to pay of massive RE debt.Again only time will tell.</blockquote>

[QUOTE="satanoperca, post: 502003, member: 23453"] Temjin, I think you will find that businesses do want to borrow but the banks are unwilling to do so, credit rationing. Talking to a good friend who headed up the risk management department with one of the big four leads me to believe this along with friends and clients opinions. He has now setup his own company specializing in finding credit for mature and good cash flow businesses. He said it is very tight and difficult at the moment with sound business unable to secure money for further expansion or just day to day activities. It is this anecdotal evidence that leads me to believe that all is not well in the corporate and business world. It is business that are the power generators of the economy not the RE market. No business growth, no growth in employment, no money to pay of massive RE debt. Again only time will tell. [/QUOTE]

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