Dr Doom`s opinion:
http://www.rgemonitor.com/roubini-monitor/254515/the_deadly_dirty_d-words__deflation_debt_deflation_and_defaults__and_how_central_banks_will_have_to_resort_to_crazy_policies_as_we_have_reached_such_bermuda_triangle_of_a_liquidity_trap
Also interesting the next
http://www.rgemonitor.com/financemarkets-monitor/254546/what_barack_obama_needs_to_know_about_tim_geithner_the_aig_fiasco_and_citigroup
The Economic Mess and Financial Disaster that Obama Will Inherit
Nouriel Roubini | Nov 6, 2008
The good news is that America has just elected a president with leadership, vision and great intelligence. President Obama will also choose a first rate economic team: individuals such as Larry...
http://ftalphaville.ft.com/blog/2008/11/06/17903/fed-capitulates-the-central-bank-is-broken/
Banks though, still arenât lending to the economy. And they are still keeping huge sums in reserve. (They donât have anywhere else safe to put their cash.)
Ben Bernanke knows this scenario...