CREDIT CRASH
In BHP Billiton's latest Preliminary Financial Results, they say they're not concerned about the impact of credit market worries on raw materials "Recent discussions with our customers have indicated that they do not expect the volatility in the US and European credit markets to have a material impact on raw material demand. In particular, our customers in China and India believe domestic supply and demand criteria are much more important factors in their markets. We will continue to assess impacts from this recent volatility."
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Credit crash is a social news site for the credit markets
I always check credit ratings before I make a decision...
This won't tackle the lack of deals or reluctance of lenders to refinance...
At least Bernanke was clear about what they believed - even if they're...
Fed sees more risk to the downside BUT doesn't realize that there's enough...
Writedowns are MORE than $18 billion. In the release they reveal U.S....
Dont see how they were all owned by the "elites", anyway dont...
Don't worry still plenty more costs to be "exposed", fallout is...
@crikey Nobody wants your parcels
@jaydasree OK so no pies for...
@jaydasree OK so no pies for...
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