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"'Gnosis’ was an enormous temptation in the early Christian Church. What made it so insidious was that the Gnostics did not want to leave the Church. Instead, they claimed to be offering a superior and more authentic exposition of Holy Scripture, though, of course, this was only for the ‘superior souls’. It encouraged not only an excited craving for higher initiation, but an almost unbounded arrogance in those who had moved from mere ‘faith’ to enlightened ‘knowledge'." Hans Urs Von Balthazar

Showing posts with label liquidity crunch. Show all posts
Showing posts with label liquidity crunch. Show all posts
18 June 2013

SHIBOR Signaling Stress in the Financial System - Liquidity Crunch

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Here is some interesting data out of China. The story is by Matt Phillips. The inter-bank liquidity crunch is a classic banking probl...
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