| From Goldseek.com: “Money is the lifeblood of the economy.” This famous saying is easy enough to remember, yet how much easier is it to forget it when asset prices are pushed to unreasonable extremities.
Consumers and investors alike are now being reminded of the veracity of this statement in a big way as the money panic rages on. The term “credit crisis” can actually be broken down into two separate yet related categories. On the one hand the credit problem is a crisis in confidence. Confidence, after all, is the baseline requirement of any banking system. This is especially true for one as vast and reticular as the U.S. financial system....... Full Article: Source
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