What Will It Take To End The Credit Crisis?
For the credit crisis to truly end, more collateralized loans are not the answer. More capital, in excess of the losses to-date, is the answer. This way the financial system can again expand to meet the needs of the real economy.
Untitled
Commentaries — April 18, 2008
What Will It Take To End The Credit Crisis? For the credit crisis to truly end, more collateralized loans are not the answer. More capital, in excess of the losses to-date, is the answer. This way the financial system can again expand to meet the needs of the real economy.