Jesse's Café Américain

"Seneca had made the bargain that many good men have made when agreeing to aid bad regimes. Their presence strengthens the regime and helps it endure. But their moral influence may also improve the regime's behavior. For many, this has been a bargain worth making, even if it has cost them—as it may have cost Seneca—their immortal soul. The Rome he has been trained to serve, the Rome of Augustus and Germanicus, was gone. In its place stood Neropolis, ruled by a megalomaniac brat.” James Romm

Showing posts with label bank credit. Show all posts
Showing posts with label bank credit. Show all posts
08 April 2009

Bank Credit Growth Drops Precipitously

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The Growth Rate of Total Credit at all US Commercial Banks is dropping precipitously as can be seen from the chart below. This is a negative...
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