http://www.bloomberg.com/apps/news?pid=20601081&sid=agWBAC38f9f0&refer=australia
It is really good news the banks in US are getting cleaned up and hopefully more money is available to loan out. Fingers crossed. Right now it's hording hording hording of liquidity whilst deleveraging deleveraging deleveraging continues to take money out of businesses that borrowed for growth and debts paid by less valuable assets. The likes of OZL CER GPT BNB are indication of the way things are right now.
What I would like to know is whether we are going to head into deflation or inflation.
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