The Return of the Ice Age: Temporary Thaw in Inter-Bank Lending is Over

The one, much-trumpeted bright spot in the world economy was that inter-bank lending rates started to fall slightly.

Of course, banks lending to each other is not the same thing as banks lending to real people and the real businesses. They’re not doing that, and won’t any time soon. And the inter-bank lending rates may have been manipulated, so its hard to know whether the situation really eased or not.

However, manipulated or not, even the inter-bank lending rate is now rising again.

Any way you look at it, the much-hyped “thaw” in bank lending is over, and everything is freezing back up. Despite governments spending trillions upon trillions of dollars, we remain in an ice age of frozen lending.

This entry was posted in General. Bookmark the permalink.
  • Buy World of Kung fu Gold is the chance. I always have a bad dream when my account was theft, since I buy World of Kung fu Gold ; I had not had the bad memory. At present, I want to say thanks to the people who stole my account, if he did not to do that, I would not play game, I would not have WoKf gold . Although I have little cheap World of Kung fu Gold , I will on the way of the game for long time. At one time or another, I am a pessimistic person, but when I have World of Kung fu money , it changes my attitude of life.

  • Do you like playing in the game which you need to use shaiya gold, when you do not have shaiya money, you must borrow cheap shaiya gold from friends, or you get shaiya online gold. If you buy shaiya gold, you can continue this game.