Today the St. Louis Fed released its latest monthly look at commercial and industrial loans at major banks — a measure that some would say represents the essence of the US banking system.
As you can see, this measure is still falling like a knife — a bad sign for the ongoing health of the economy. (And also not what we were promised when we bailed out the banks.)
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49531 liked this
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southpol liked this
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heavysigh reblogged this from brooklynmutt and added:
Ick. Banks aren’t lending due to...scummy economy and feelings of uncertainty
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oofoofoofoofoofoofbaha reblogged this from think4yourself and added:
This is incredibly misleading. If you look carefully, it says this graph is charting the CHANGES in lending, compared to...
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think4yourself liked this
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think4yourself reblogged this from brooklynmutt
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brooklynmutt posted this
