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Equine Financing "Changed Forever"
Front page headline of Herald-Leader today, about how previous credit practices within the horse industry are gone
http://www.kentucky.com/2010/06/06/1...-problems.html |
That is pretty scary. It will have a ripple effect (becoming a tsunami later) if the contraction in the market is too high.
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Sounds a lot like the real estate industry. I know it's been kicking my butt for 3 years.
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