Relevant:
- $1 Trillion In Liquidity Is Leaving: "This Will Be The Market's First Crash-Test In 10 Years"
- Behind The Scenes European Panic As Interbank Liquidity At Worst Level Ever
- ECB steps up liquidity fight
- The Liquidity Trap of the 1930s and Its Relevance Today
- Fitch says China credit bubble unprecedented in modern world history
2007-11-08 — blogspot.com
'"What is really new and unexpected is that we had a phase of excessive liquidity. It is not a shortage of liquidity. It is a shortage of demand. The liquidity was hoarded under the pillow." '
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