2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 383.15

+0.8%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pogohere who wrote (38779)	8/19/2008 3:13:50 AM
From: pogohere	Read Replies (1) of 218038

"These banks are really only Potemkin banks, as they can't afford to lend in any case, being short capital. I.e., they really aren't banks anymore. But their "liquidity" could be siphoned back to the Fed to relend to other Potemkin banks. This all would be accomplished without an increase in liquidity in theory, as this would all amount to recycling the same funds over and over. Fed policy right now appears to be to prevent as many lines as possible from forming at insolvent banks. In the not very far run (as in maybe within 90 days or so), however, the default/foreclosure rates will force an expansion of liquidity in any event and this exercise will be futile." The US money supply has experienced the sharpest contraction in modern history, heightening the risk of a Wall Street crunch and a severe economic slowdown in coming months. Data compiled by Lombard Street Research shows that the M3 "broad money" aggregates fell by almost $50 billion (L26.8 billion) in July, the biggest one-month fall since modern records began in 1959. … The growth in bank loans has turned negative to a halt since March. telegraph.co.uk Message 24858330

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next