Posts Tagged ‘european central bank

05
Jan
12

Here comes another credit crunch

ECB deposit

ECB deposit

The graph shows usage of the European Central Bank (ECB) overnight deposit facility. This is where banks have been stashing their cash because they are scared of putting it anywhere else. The amount has now increased to €446 billion, just shy of the all time record of €452 billion. The implication, according to BBC2 Newsnight, is that a credit crunch is weeks away.

Yachts

Yachts




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Images

Transition

Morning

Freezing wet December, then...Bloody January again!

Je-suis-Charlie

Kingsway

Sunset

Girl On Tube

Waterloo Station

orange

Traffic Lights

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Jonesxxx on Twitter

  • Bloody yobs in the audience! The automatic obsequious clapping is bad enough but when did it become acceptable to hoot on #bbcqt - 2 weeks ago
  • #bbcaq Move tax from stuff we want people to do (like work) and put it on stuff we want to limit (like CO2 emissions). - 3 weeks ago
  • #bbcaq Reason corps "avoid" so much tax is that tax system has not kept up with globalisation and technology. - 3 weeks ago
March 2015
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