Bit of an eye opener on the direction of US SMEs trying to stay afloat and cant borrow $$ to survive. Looks like the FED are only saving publicly listed cos - private SMEs wont get the FED handout. Next will be the zombie publicly listed cos. Seeing as how SMEs employ the majority of workers im expecting the bean counters and CBs to continue pumping $$ to the rich while Rome burns. The risks lending to SMEs is too great...what the fools in charge dont understand is that the SMEs are too big to fail as a group but they wont get that till its too late, pumping $$ into the system to support asset prices rather than spending where needed to keep the system supported.
