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>It seems like a smaller amount of money could be used to fix the confidence problem and get the "wheels of credit" turning again The wheels of credit are turn
by Prrometheus 18y ago
>It seems like a smaller amount of money could be used to fix the confidence problem and get the "wheels of credit" turning again
The wheels of credit are turning, just not for the real estate sector:
http://mjperry.blogspot.com/2008/09/new-banking-data-wheres-credit-crisis.html http://mjperry.blogspot.com/2008/09/new-banking-data-wheres-...
Fears of the credit market freezing up and plunging us into a depression are just that: fears.