[Gorzaloon]

It’s not that “banks just won’t lend”, there are just no prospective new businesses to lend to. And almost anyone would would normally be considered a good credit risk doesn’t want the banks’ money, because they are trying to get out of debt, not take on more.

That is exactly what is going on with my business. I would actually like to hire someone-I need a machinist and a process operator, but will not. I already have enough burden and paperwork as it is. Nor am I presently interested in growing my business significantly larger than it is. I have no debt.

Ask me again in 2012, however. I may become suddenly motivated.

[haroldeveryman]

“I have no debt”

So I take it that you wouldn’t refinance your house in order to buy a flat screen TV.