Now we see that Advanta, the nation's 11th largest issuer of credit cards with particular emphasis on small businesses is shutting down credit extension immediately.
The shadow banking system is still imploding.
That means real estate deflation which directly affects us.
Of course, our costs have hardly dropped at all.
Banks are shrinking Home Equity Lines Of Credit.
In such times it pays to be liquid and make no attempt to speculate on materials price increases.
