http://market-ticker.denninger.net/
Market Ticker has an excellent article that is a must read on how the banks are masking their losses by charging high interest rates to consumers and corporations. The article explains how exorbitant these charges are, and why their cummulative effect undermines GDP growth. It is a compelling argument.
Saturday, August 22, 2009
Subscribe to:
Post Comments (Atom)
-
March 11 is the anniversary for the Fukushima Daiichi disaster of 3 nuclear meltdowns, at least one melt through, and a fire in at least ...
-
The weekend edition of the Wall Street Journal reports that PG&E suffered a massive loss of control of the utility's databases, le...
-
The Brunswick nuclear power plant operated by Duke in North Carolina reported an unusual event because its surroundings were flooded. here...
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.