Mr Goodwin may have been an egregious example of bad bankingbut he was hardly alone in causing the credit crunch, writes Martin Dickson
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FT on 3rd Feb 2012 (via ft.com)
Eurozone bank lending to business and households slowed sharply last month, indicating the region’s debt crisis may have led to a damaging ‘credit crunch’
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FT on 27th Jan 2012 (via ft.com)
The consensus is that the European Central Bank’s €489bn three-year loan liquidity shot last month has averted a credit crunch for the region’s banks
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FT on 24th Jan 2012 (via ft.com)
There has been so much comment and debate about the Credit Crunch, bank collapse, large recession and inflation which happened in recent years, that attention has been diverted from the constitutional vandalism carried out by the EU and its collaborators in the last government.  ...
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JohnRedwood on 23rd Jan 2012 (via johnredwoodsdiary.com)
"In retrospect, there are some obvious questions an Icelander living through the past five years might have asked himself. For example: Why should Iceland suddenly be so seemingly essential to global finance? Or: Why do giant countries that invented modern banking suddenly need Icelandic banks to stand between their depositors and their borrowers - to decide who gets capital and who does not? And ...
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Samizdata on 20th Jan 2012 (via samizdata.net)
This article over at the Foreign Policy website, by Helen Mees, dusts off an argument that I have mentioned here on Samizdata before, (in relation to a comment by the US investor and commentator Peter Schiff) namely, that China, by using its vast foreign exchange reserves to buy Western government debt, thereby pushed down long-term interest rates and encouraged the kind of reckless lending that e...
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Samizdata on 18th Jan 2012 (via samizdata.net)
"The Tragedy of the Euro" deals with the recent monetary history, from the banking crisis to the credit crunch in 2007/8 to the current euro and sovereign debt crises in 2011. Philipp Bagus is a young economist and Professor at the University Rey Juan Carlos in Madrid. The Mises Institute has kindly released the booklet on PDF (download). It's assigned reading for all students ...
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Politeia on 7th Jan 2012 (via politeia-station.net)
ECB chief pushes commercial lenders to exploit radical measures to prevent renewed credit crunch, saying ‘facilities are there to be used’
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FT on 15th Dec 2011 (via ft.com)
Number 10 says Britain has entered a second credit crunch as America's Federal Reserve forced to intervene to stop eurozone crisis leading to a global financial collapse.
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Telegraph on 30th Nov 2011 (via telegraph.feedsportal.com)