Notice Anything Significantly Different Between These Two Charts?

B

ByLoSellHi

http://static.seekingalpha.com/article/115525-the-scariest-chart-ever


Here is a chart of borrowing by U.S. banks from the Federal Reserve through Dec. 2007:
saupload_scary_1.jpg



Now, same chart through December 2008:
saupload_scary_2.jpg



Anyone still think there are not some rough patches down the road?

Editor's note, 1/29/09: The original version of this post indicated that the charts show 'federal borrowing', and not borrowing by banks from the Fed. That has been corrected here.

http://eastcoasteconomics.wordpress.com/
 
the second chart was posted before, it needs to be as a percent of GDP to mean much.


I have a related question: can anyone explain to me why someone would buy a CDS on a treasury? The high premium on those has been pointed out as a big problem.
 
You must log in or register to reply here.
Back
Top