On Nov 13, 2008, at 11:56 AM, Carrol Cox wrote:
>> Lenders aren't lending because they're afraid they're not going to
>> get
>> their money back. It's not very complicated.
>
> What is the evidence for this? Or are you just reading their minds?
I follow Wall Street pretty closely. I read their favorite economists every day. I talk to hedge fund traders even. If they're lying, they're lying to themselves as well as the general public.
Doug