Thread: Euro Centrall Bank flies in 94 Billion Helicopter for Euro
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Old 08-09-2007, 12:25 PM
IsaacW IsaacW is offline
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Join Date: Jul 2004
Location: Burlington, MA
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Default Re: Euro Centrall Bank flies in 94 Billion Helicopter for Euro
  1. People don't want to lend money because of possible defaults on what turned out to be bad loans.
  2. Interest rates go up.
  3. Central bank floods market with cheap cash.
  4. ???
  5. Profit!
Is the ??? step "people go back to making bad loans?"
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