NJ5 on 23 August 2009
| AkibaFan said: wow the recession has had a major impact! |
I don't think it's the recession having an impact, it's actually the credit crisis and the fact that many companies were already in a weak position before the crisis began.
It's hard to get a loan right now, especially if you're a company which hasn't posted profits for a long time.
In other words, a lot of non-performing companies are getting cleaned up.
My Mario Kart Wii friend code: 2707-1866-0957
