Saturday, October 08, 2011

HERE'S YOUR WEEKEND READ

"And it all seems to boil down to this: Credit cannot be stable within a backdrop of such extraordinary uncertainty. And, I would argue, no amount of central bank liquidity (“money”) and bank capital is going to engender sufficient certainty to stabilize global Credit, financial flows and asset markets. "

http://prudentbear.com/index.php/creditbubblebulletinview?art_id=10581

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