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Pendulum must not swing too far from previous overlending - The Irish Times - Fri, Feb 05, 2010

Banks may have lent too much in an era of ineffective regulation. It is important that the pendulum should not swing too far in the other direction. If SMEs cannot obtain adequate finance, the cost will be slower growth and higher unemployment.

John Kelly is a former head of statistics at the Central Bank

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Jun 11th, 2010 at 07:30:08 AM EST
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