Friday, Sep 03, 2010
Bring it on baby
Reuters: Housing double-dip threatens banks
Another dip in U.S. housing looks likely, bringing with it difficulties for banks and for their government guarantors.
What is perhaps worse: having chucked money at supporting asset markets in order to support banks the past two years, the policy options for handling another housing downturn and banking crisis would be greatly circumscribed.
If you think the debate about more fiscal stimulus is heated, wait until you see the venom which the prospect of another housing and banking bailout brings.
Posted by mark @ 02:07 PM (990 views) Add Comment
3 Comments
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1. Crunchy said...
Reuters: "Housing double-dip threatens banks"
Makes a change from banks threatening the 'double-drips.'
2. charlie brooker said...
[Little Britain]
Yerrai know.
[/Little Britain]
3. bystander said...
'Housing double dip threatens banks" - good:0)