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Why Loans Are Down?

Monday, February 1, 2010 - 7:55 PM
Are loans down due to banks refusing to lend or is it due to lower demand? Mish at Global Economic Analysis makes the case that it's due to lower demand. This will affect depositors since fewer loans means banks will have less of a need for deposits.
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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