A lot of bright guys out there saying what is being done really
isn't going to help. The old pushing on a string. Libor
down alot but to no avail? They keep cutting rates but we
still tank. Maybe it is an issue that we keep going back to
the same guys that caused the problem to solve it. They keep
trying to relight the credit fire that created our current
mess.
Credit spreads
Posted by dylan398 on 6th of Nov 2008 at 07:28 pm
plunged today still a broad sell off....very confusing...
credit spreads
Posted by john9o9 on 7th of Nov 2008 at 07:14 am
A lot of bright guys out there saying what is being done really isn't going to help. The old pushing on a string. Libor down alot but to no avail? They keep cutting rates but we still tank. Maybe it is an issue that we keep going back to the same guys that caused the problem to solve it. They keep trying to relight the credit fire that created our current mess.
kill the fed system and
Posted by harold on 7th of Nov 2008 at 11:45 am
kill the fed system and issue greenbacks directly