Tuesday, September 30, 2008

A more tangible economic symptom

I'm hardly an econ expert, and so it hasn't been easy for me to evaluate the risks of not passing the bailout bill. But, this article shows more clearly what's happening with the lack of liquidity, which ultimately is stemming from fear.


Banks in miser mode send borrowing rates soaring - Yahoo! News

http://news.yahoo.com/s/ap/20080930/ap_on_bi_ge/credit_markets

============================================================
Yahoo! News
http://news.yahoo.com/

0 comments:

Post a Comment