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9 days agoI work in this field. It’s really about uncertainty. Banks rely on certainty to make choices about lending. When political leadership is unsteady (and corrupt) and times are uncertain, the prudent move for lenders is caution. No one wants to be caught holding the bag in the crash.




I’ve been saying some variation of this at work for years. Yet still, somehow I’m the only person that can read and understand the data and the documents.