Often Wrong, Never in Doubt
Every time someone reads this blog an angel gets its wings. - Zuzu, the Elder
Monday, October 18, 2010
Forget foreclosures, it's lack of loan demand that is crushing the banks
Bank demand for Treasuries has totally flattened the yield curve because like everyone else stoned on Hopium, their customers have no hope. Clusterchart has the
story
.
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