Economy Busted, Business Card Credit Secured, Credit Guides And Credit Services Blog

Economy Busted, Business Card Credit Secured

Posted by James Breen at 15 March 2008 14:22

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Dandelion Salad By Mike Whitney 03/13/08 "ICH" "It's another round of the credit crisis. Some markets are getting worse than January this time. There is fear that something dramatic will happen and that fear is feeding itself." – Jesper Fischer-Nielsen, interest rate strategist at Danske Bank, Copenhagen; Reuters Yesterday's action by the Federal Reserve proves that the banking system is insolvent and the US economy is at the brink of collapse. It also shows that the Fed is willing to ..other part.

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Earthside Comments: There is lots of trouble. Link: A Vicious Circle Ending In A Systemic Financial Meltdown | Mike Whitney/Information Clearing House "It's another round of the credit crisis. Some markets are getting worse than January this time. There is fear that something dramatic will happen and that fear is feeding itself," Jesper Fischer-Nielsen, interest rate strategist at Danske Bank, Copenhagen; ReutersYesterday's [Tuesday, March 11] action by the Federal Reserve proves that the ..[next].

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