ARE BANKS SHUTTING DOWN LENDING?:IMF Warns Regulators to Brace For Global “Liquidity Shock”
GordontLong.com
04-14-15
As it becomes public knowledge that the IMF has followed the BIS with a warning to brace for a global “liqudity shock”, it has become apparent that banks are already taking quick action. It was a liquidity shock in the Asset Backed Commerical Paper (ABCP) market within the Shadow Banking system that caused the last financial crisis.
DEPOSITORY INSTITUTIONS ARE ABRUPTLY LOCKING DOWN CREDIT
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