Relevant:
- GATA-Whether it's up or down, central banks are manipulating markets in secret (But these days, mostly down)
- Nordic Economies Risk Housing Market Collapse
- Central Bank Gold Manipulation Evidence Piles Up (MUST READ)
- BlackRock's Fink Says There Are ‘Bubble-Like Markets Again'
- Liquidity crisis grows as Libor rates gap hits 20-year high
2008-10-11 — nakedcapitalism.com
``Notice the huge spreads from bank to bank ... They suggest this is not a real market anymore. Real markets do not have this wide a variation. If it was a real market, these banks would have rates all similar to each other... Too much central bank liquidity has destroyed the inter-bank lending market.'' -- This was entirely predictable.
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