The term “credit crunch” is very misleading for the current crisis. It suggests that the problem is merely one of confidence, that calm will return if liquidity is introduced to the system.
Read more »It’s a solvency problem, not a liquidity problem
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Created by Jimbob 13 years 32 weeks ago – Made popular 13 years 32 weeks ago
Category: Business Tags:
Category: Business Tags:
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