Want to really understand what the credit crunch means for the economy? In Canada, private equity will have a challenge getting anyone to think about debt or credit. Our economy is frozen to match the weather.
I was surprised to see that The Economist has a sense of humour during these dark days but this is a good game to play. I got it from Jeff Watson.
Check it out:
http://www.economist.com/displaystory.cfm?story_id=12798307
1 comment:
Great comment about frozen credit being like the weather. Also, the side bar comment by Rick Spence and strategic planning hits the nail on the head. If people had engaged in a more effective planning process - or even planned at all - much of this mess could have be avoided.
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