The electionomics would surely push for a poll earlier rather than later. Yes there’s been the Northern Rock crisis, but thanks to tomorrow’s Bank of England £10bn injection (in return for Bank mortgage assets, some of which is in arrears), … But thanks to the run on the Rock and the credit crunch more generally, the long range forecast is as awful as it has been for some time. It wouldn’t even take a crash, perhaps just a widespread change to the perception that the …
But the recent financial turmoil - that has manifested itself as a severe liquidity and credit crunch - now makes the likelihood of such a hard landing even greater. There is now a vicious circle where a weakening US economy is making the … Hi all, if you have any idea of what will the FED do on September, 18th on the light of the recent market turmoil, feel free to leave your vote on my blog’s poll at: http://www.thedailyeconomist.blogspot.com/ best, Bernardo. 4:39 PM …
By William Patalon III Managing Editor The Money Map Report Even billionaires aren’t immune to the subprime-mortgage crisis and the accompanying global credit crunch .
dhonig said… That is a GREAT!! cartoon
September 3, 2007 | Posted in
Fun,
Funny Credit Crunch |
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