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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Sunflower

Sunflower

Sunflower

Bees & Sunflower

Sunflower

Sunflower

Sunflower

North Lanes

Dozing

Dreaming

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Jonesxxx on Twitter

  • After Jimmy Savile scandal investigations were launched. After #rotherham news media should investigate how they missed this for so long - 1 day ago
  • #bbcaq We used to control alcohol by limiting access to cruddy pubs and off licenses that rarely opened. We could do the same with cannabis. - 2 weeks ago
  • #bbcaq also wonder if psychological problems can be caused by our over stressed society - 2 weeks ago
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