Is Credit Still Flowing
http://www.independent.org/blog/?p=201
This piece indicates that the credit problem is being way overblown, as commerical, industrial, and real estate loans have all been up in recent months. They link to what looks like legit government info.
If this is accurate, how are we in a credit crunch?
most of the data is from August. Things have shifted dramatically since lehman fell.
you will need to learn very quickly that yesterday is old news...not to mention that more has happened in the past 2 weeks than the past 2 years
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