Tuesday, December 30, 2008

Lease us please- any conditions


How desperate is this - short term, long term.. OK then hey any term. You name it.

Meanwhile the governor of the Bank of Spain on Sunday issued a bleak assessment of the economic crisis, warning that the world faced a “total” financial meltdown unseen since the Great Depression.”The lack of confidence is total,” Miguel Angel Fernandez Ordonez said in an interview:”The inter-bank (lending) market is not functioning and this is generating vicious cycles: consumers are not consuming, businessmen are not taking on workers, investors are not investing and the banks are not lending. “There is an almost total paralysis from which no-one is escaping,” he said, adding that any recovery — pencilled in by optimists for the end of 2009 and the start of 2010 — could be delayed if confidence is not restored.

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