i never said that treasury notes caused this crisis (strawman AGAIN!)

LIBOR generally went up since september despite rate cuts because banks have been sitting on their cash since they are afraid to trade with eachother (and required more interest to compensate for risk/liquidity issues)...LIBOR suddenly dropped over the past week because governments embraced socialism
maladroit Reviewed by maladroit on . national debt jumps almost $700 billion in ONE MONTH US national debt sept 15/08: $9.634 trillion US national debt oct 15/08: $10.326 trillion that is equal to: $23 billion per day $960 million per hour Rating: 5