Francis Schutte

The Second Wave of Bank Troubles

Looking at the lastest statistics of the Federal Bank of St-Louis: window borrowings from the Fed, net free or borrowed reserves of the financial instutions and total borrowings of financial institutions from the Federal Reserve ( see charts on goldonomic.com under academics and CDO), the peaks on the charts really give me vertigo. This kind of situation is unique. Looking at the 1920's it was just a blip compared to to huge spike we have today! I think these charts tell a book and they are really worth looking at and analyzing.