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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: orkrious who wrote (249647)7/11/2003 5:45:09 PM
From: patron_anejo_por_favor  Read Replies (1) of 436258
 
...while at the same time, C&I lending hit a new 2 year low:

research.stlouisfed.org

Obviously, the "liquidity" is going in just to meet current debt service needs. No improvement in production or demand for investment from real companies. It's an Austrian nightmare of biblical proportions. Doug Noland must be rolling over in his grave! (Whoops, he's not dead yet...but this $hit may kill him!)
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