Consultant Ninja: A Simple Question about the Credit Markets.
Consultant Ninja
MARCH 31, 2009
Heres my understanding of the current TARP/TARPII/PPIP/etc plans: The major "sick" banks wont lend to businesses, because their balance sheets are tied up with bad assets that they cant sell. Should this happen we would suffer major systemic failure, potential hyper-inflation, and illiquid capital markets. at 7:39 PM.
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