agree with wisdom seeker. you'll see the crunch in the following quarter just like in the current corporate reporting season. wake up! there is nothing overblow about this crunch. more importantly, fed will continue to print more money to provide ample liquidity to banks at the cost of USD exchange rate. this crunch can't be solved with just monetary policy. it needs a co-operation of fiscal policy. i suppose the later will not happen until the election is wrapped up.
What Credit Crunch? [View article]