Global Liquidity Collapses To 2008 Crisis Levels
- Global Liquidity Collapses To 2008 Crisis Levels
by Tyler Durden, www.zerohedge.com
The last time that global liquidity conditions contracted at this pace was March 2008 (right as stocks dead-cat-bounced on the back of The Fed’s guarantee of Bear Stearns’ sale to JPMorgan)… and things escalated rather quickly thereafter.
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Liquidity conditions also contracted (though not as severely as the current conditions) in Dec 2011… which prompted Bernanke to unleash QE2…
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read more.
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