An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Thursday, November 13, 2008
Dollar libor spreads widening again after 23 days of decline
Remember,some of the Forex swaps that the Fed recently engaged in had 28 day terms. Could there already be a problem with some European institutions in paying back some of these loans? Are these debtors on the hook, bidding for dollars to close these swap positions?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment