BASIS POINTS: Stop Picking on the Banks!

December 8, 2010

by Karen M. Kroll

While few people would deny that bank credit has been harder to come by over the past few years, banks have been knocked a bit too much for the sluggish economy. The real problem? It's the Uncertainty, Stupid.

It’s the Economy, Not the Banks | Source: The Big Fat Finance Blog.

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The economy

It's easy to say "it's the economy." It always is. But why is the economy the way it is? Banks don't have anything to do with that, do they?