Monday, February 2, 2009

Can't say I like the looks of this

Some unsettling charts from the blog Seeking Alpha

http://seekingalpha.com/article/115525-the-scariest-chart-ever?source=article_sb_popular

Bank borrowing from the Fed to Dec 2007:



And in 2008!!!!

(Note that this is the same chart, but the scale has changed -- check out the left side of the chart)

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