by Summary:
Starting to look seriously ominous: When delinquencies start going up, banks tend to start tightening up lending standards a bit to keep them in check, which tends to slow down lending, which causes the economy to soften, resulting in a downward spiral that doesn’t end until public sector deficit spending increases sufficiently: Released Feb 23 For what it’s worth:
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WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Starting to look seriously ominous: When delinquencies start going up, banks tend to start tightening up lending standards a bit to keep them in check, which tends to slow down lending, which causes the economy to soften, resulting in a downward spiral that doesn’t end until public sector deficit spending increases sufficiently: Released Feb 23 For what it’s worth:
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
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Starting to look seriously ominous:
When delinquencies start going up, banks tend to start tightening up lending standards a bit to keep them in check, which tends to slow down lending, which causes the economy to soften, resulting in a downward spiral that doesn’t end until public sector deficit spending increases sufficiently:
Released Feb 23
For what it’s worth:
