Something VERY Serious is Happening with Banks

[Tony Koretz]

Something VERY Serious is Happening with Banks – they’ve almost stopped lending TO EACH OTHER

A little over three weeks ago, I became aware of a sudden and dramatic change in the US Banking System that made my stomach sick. I “sat” on this story for almost three weeks hoping what I found was some type of anomaly or data error. It’s not.

Bankers have almost completely stopped lending . . . . TO EACH OTHER.
The plunge in “InterBank Lending” was so sudden and so substantial that it looks as though it is actually a PLAN, not happenstance or situationally appropriate.

It LOOKS like the Bankers are intentionally choking the US Economy and they’re doing so at levels far FAR worse than what took place during the “Fiscal Crisis” of 2007-08.

For more than 45 years, the Federal Reserve has tracked virtually E V E R Y aspect of banking in the United States. They literally look at EVERY financial metric and provide incredible amounts of public reporting to anyone willing to spend time on the Federal Reserve Electronic Data (FRED) web site.

As your trusted media servant, I peruse vast amounts of information every day to keep you abreast of what’s taking place, and give you insight as to how and why certain things happen. So when I undertook my usual perusal of FRED and saw what I am about to show you, I was shocked.

Read More http://halturnerradioshow.com/index.php/news/world-news/2052-something-very-serious-is-happening-with-banks-they-ve-almost-stopped-lending-to-each-other

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