Has the global credit crisis dented your confidence?
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Has the global credit crisis dented your confidence?
Yes, companies will move to short term protection as a priority. Any research and development or new project will be put on hold.
Current projects will have their budgets held in case the cash is needed over the next couple of years, hire freezes will hit. Some companies will merge or downsize and create redundancies.
Companies will be just like you...you wont buy that new car, they wont employ you...till they know the opportunity to get finance is getting easier.
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