[lbo-talk] interbank lending

Doug Henwood dhenwood at panix.com
Wed Oct 1 18:58:27 PDT 2008


On Oct 1, 2008, at 9:45 PM, dredmond at efn.org wrote:


> Yes, this is important. Folks, the economy has tons of problems, but
> the
> issue right now is that interbank lending has stopped. This is not a
> fake
> crisis. It's the equivalent of a massive heart attack - liquidity
> ain't
> flowing anywhere in the US. This can't go on much longer, or THE REAL
> ECONOMY WILL IMPLODE. This is damn serious stuff

Hey, don't you read TPM and Truthout? It's all a hoax!



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