Us Banking Crisis??????

Discussion in 'Economics' started by PohPoh, Feb 4, 2008.

  1. no thanks, not clicking.
  2. Negative Bank Reserve Numbers. I knew they had fallen to 198 million but to go negative? Where is all this money going??? So essentially the banks owe more money to their depositors then they actually have in existence, including all those based on the fractional reserve system... Time to move to somewhere else?
  3. Not sure exactly..but it sure looks uggo
  4. write downs of "mark to model" instruments.

    Enron anyone?

  5. Instruct a wise man and he will be wiser still; teach a righteous man and he will add to his learning.
    Proverbs 9:8-10 :confused:
  6. Digs


    See this thread for more

    The YouTUbe video says BONDS may rally on flight to safety, and lower interest rates.

    Watch out as and demand on banks funds by depositors will see bonds fall as they will need to SELL bonds to raise cash for withdrawals.
  7. Maybe, maybe not, who cares?

    We have uncle Ben to the rescue...
  8. #10     Feb 4, 2008