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MrMoody
Free range slave
Premium
join:2002-09-03
Smithfield, NC

No Credit

With the current credit contraction, it's going to be the same story everywhere. No business that isn't well established will be able to get money to keep operating. Blame the big banks gambling on others' performance with others' money.
--
"It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people."-Thomas Edison


jester121
Premium
join:2003-08-09
Lake Zurich, IL

There's still tons of venture capital available to startups (the right ones of course). That doesn't come from banks, and the real players are seeding capital right now for when the economy is blazing in a few years.


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