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THE SEEDS OF RISK GROW BEST UNDER THE SWEET RAIN OF EUPHORIA.
Thursday, 21 April 2011
U.K. Banks Expect `Subdued' Mortgage Lending, BOE Report Says
http://noir.bloomberg.com/apps/news?pid=20601085&sid=a_73Yl_Ox0DE
As I have said - credit contraction is on its way.
This is just one more sign.
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