In a credit crunch, lending, spending, and borrowing all contract. The Japanese found that lending money even at a zero percent interest rate didn’t revive…
July 10th, 2008 | Bill Bonner | 0 comments | Continued
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| All Ordinaries | 4359.400 | ||
| S&p/asx 200 | 4285.100 | ||
| China Shanghai Co | 2351.854 | ||
| Gold Sep 11 | 0.00 | ||
| Clj11.nym | 0.00 | ||
| Nikkei 225 | 8999.18 | ||
| Indu | 0.00 | ||
| S&P 500 | 1342.64 | ||
| Ftse 100 | 5910.54 |
