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Post by revolver on May 13, 2008 21:31:47 GMT -5
I'm no economist, but these charts don't look too healthy. This article tries to explain what it means.
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Post by B on May 14, 2008 8:58:15 GMT -5
LOL. So you think they look kinda bad, eh? It's a "minor adjustment". Everything's peachy.
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Post by JoJo on May 14, 2008 16:57:12 GMT -5
Good article that Revolver linked to. Sorta like this:
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Post by revolver on May 14, 2008 19:40:24 GMT -5
...and pay no attention to that man behind the curtain.
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Post by iameye on May 14, 2008 19:54:14 GMT -5
oh no, pay total attention to the man behind the iron curtain!
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Post by mommybird on May 15, 2008 8:23:10 GMT -5
It's very scary. I can't see anything good coming from this.
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Post by revolver on May 16, 2008 0:27:26 GMT -5
It appears that the Fed is keeping the banks afloat for the time being. Some people are saying this is just a shift in policy, so nothing to worry about. Time will tell. Based on the charts, what they're doing is certainly unprecedented.
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