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Originally Posted by Wagner
Well that isn't really true. Multiple central banks in Europe and Asia have pored BILLIONS into the global money market to stabilize as best it can.
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Fact is All the money the ECB is pumping into european banks is not doing much to help. Yes it keeps european banks liquid, but fact is that they are making things worse because european banks are writing off losses even when they have plenty of liquid. Ultimately their markets will continue to go down until US banks have enough liquid.