Pages

Tuesday, 16 September 2008

Credit Crunch part 2

Overnight sterling Libor increased from 5.5% to 6.8%, and the dollar Libor rate increased from 3.1% to 6.4%. The credit crunch part 2 is happening and it will be more destructive than part 1 was.

No comments:

Post a Comment

By clicking "Publish your comment" you indemnify NotaSheepMaybeAGoat and accept full legal responsibility for your comments