Where Did This Come From…..DRAMATIC COMMERCIAL BANK LENDING SPIKE

Posted By on April 18, 2010

DRAMATIC COMMERCIAL BANK LENDING SPIKE

There appears to be mysteries everywhere we look, just like the days of Enron, the US sub-prime housing bubble and with Greek debt accounting.

 

Below is the just released Federal Reserve report from FRED (Federal Reserve Economic Data) showing the weekly loans and leases of US Commercial Banks. The highlighted spike is $421.8 Billion dollars. It occurred in one week! We need to realize that these are annualized rate  numbers but it still compares in size to a monthly US Treasury Auction for example.

 

Bond 3

 

 The questions no one will answer are:

 

1- Who borrowed this amount of money?

2- What was it used for?

3- What Collateral was used to secure it?

 

http://home.comcast.net/~lcmgroupe/2010/Article-Extend_Pretend-Gaming_the_US_Tax_Payer.htm

About the author

Comments

Comments are closed.

Copyright © 2018 The Stated Truth