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User Info Special weekend edition - Bank Reserves?; entered at 2008-02-04 10:02:48
Genesis
Posts: 130747
Registered: 2007-06-26
Yal, read the above (or go back and read the Ticker again - I basically put the above in there)

Basically this isn't a marker of imminent bank collapse, but it is a marker of potential imminent debt initiation collapse.

The latter doesn't bankrupt the banks, but it sure does squick the markets.
2008-02-04 10:02:48