Wednesday, April 22, 2009

EconNews Roundup

I decided to continue with something I had tried out last week; my take on a couple of Economic News of the day: I hope to do this daily, as it is also a fun way to keep a sort of economic diary:

One possible crisis indicator I had mentioned last week was gold exports. Yet another is increase credit card usage, especially for cash withdrawals. If people are indeed resorting to credit cards for a last resort, that would mean increasing NPLs on that front as well.

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