Water and the credit crunch

Christopher Gasson untangles how the crisis in the banking sector might affect the water market.

The most frightening thing about the current crisis is that no one has any idea how it will end. The range of possibilities is so wide. While the politicians talk about avoiding a mild recession, one banker I spoke to (from Morgan Stanley) said that he is putting his garden down to potatoes. What makes things more difficult to predict ...

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