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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (22216)8/21/2009 8:09:51 AM
From: RockyBalboa  Respond to of 71479
 
Correct. Nothing else told it better than the TED spread; world nearly caved in whan it was at 500+.

What was confusing is that not the fed but rather the banks have been blamed by everyone, for the acute liquidity shortfall ("banks are not lending anymore..."); when as you say the fed actually mopped up and caused the mess.