as someone who has just finished university and has no more student loans coming in and is being told everyday by parents, friends, collegues and the media about the credit crunch and the effects i do wonder how worried i should be!
with everything going on, this week i read an article saying that the credit crunch isnt actually as bad as everyone is saying that it is just the media blowing everything out of proportion. apparently if the banks weren't so suspicious and being
overwhelmingly careful and lent some money to each other then there would be no credit crunch! as i am not a financial expert i seriously doubt that something that is causing so much uproar could be solved in such a simple way but i presume this may lighten the situation.being told how people are being made redundent and how jobs are unbeleivably scarce, however i have not witnessed this first hand and although i can see share prices dropping and the stockmarket failing there is a dark cloud looming but is everything we could be doing being asked of us?
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