The biggest problem of the Financial crises of today, is that banks are afraid of lending to each other.
The interbank market does not function well anymore! Banks have a lack of confidence, there thrust is really gone. That is why central banks have the important task to provide liquidity if not the banking system will fail.
source:
http://www.nieuwsblad.be/Article/Detail.aspx?articleid=DMF02102008_085Elke Louwye
1 opmerking:
The biggest problem of the Financial crises [financial crisis] of today, is that banks are afraid of lending to each other.
The interbank market does not function well anymore! Banks have a lack of confidence, there [their] thrust is really gone. That is why central banks have the important task to provide [of providing] liquidity if not [liquidity, because otherwise] the banking system will fail.
Pay attention to your verb agreement. Look at your title: it should be 'banks destroy each other'
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