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Six years and a protracted credit crunch later, I still relish the challenge of being independent.
"Jobs are down, wages are falling," and "the financial markets threaten to be engaged in a protracted credit crunch with long-lasting ramifications".
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And, semi-paralysis in the caja sector means less credit and a more protracted recovery for all.
Americans have twisted the levers of their spending, having been confronted with high and protracted unemployment levels, deteriorated personal wealth and tight credit conditions.
"How do you wean an economy off of this easy money policy, which was never meant to be as protracted as it has become?" said Edward Marrinan, the head of macro credit strategy at RBS Securities.
PARIS — European governments pledged Monday to safeguard bank deposits in a bid to stem financial panic, but they stopped short of a coordinated strategy to break the grip of a credit crisis that now threatens to set off a protracted recession across the Continent, sending markets tumbling on both sides of the Atlantic.
When Congress took on the issue in 2011, protracted fights nearly drove the U.S. to the brink of default and resulted in the nation's credit rating being downgraded for the first time.
Potentially the process is much faster than applying directly to a bank and going through the protracted process of negotiating with account or relationship managers and then waiting (perhaps weeks) for yes or a no from the credit committee.
A protracted silence.
They are also protracted.
Conflicts are becoming more protracted.
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