dimelab dimelab: shrinking the gap between talk and action.

Banking System Collapse Topic in The Credit Debacle Catalog

Sun 2007-11-25 00:00 EST

Mish's Global Economic Trend Analysis: Liquidity Pump Runs Dry

Fed moves irrelevant as banking system collapses; "Slashing rates to 1% was what created this mess. Cutting them to 1% again can hardly be the solution."

Liquidity Pump Runs Dry; Mish's Global Economic Trend Analysis.