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Beige Book

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States the evil financial spiral

More or less all the twelve federal reserve districtsn in the US have experienced that the financial situation has gotten even whorse in december. The bad guys in this contet is according to the repport the dried out loaning market combined with a drop in detail sales.

Bad news – once agian!

The Beige Book rapport from the departments of the American central Bank do eight times a year take the temperatur of the American economy. This year the reading of the rapport has – not surprisingly – been very depressing. read more aboute the Beige Book rapport here

Written by admin

januar 14th, 2009 at 9:34 pm

Posted in economics

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