Money bag and wooden blocks with the word Fair. Balance. Fair value pricing, money debt. Fair deal. Reasonable price. Justified risk. Honest loan. Secured loans.

ZERO HEDGE writes:

Last quarter, amid the bank panic resulting from surging loan loss provisions, we observed that the heart of the debt-addicted US economy was hit especially hard by the double whammy of collapsing consumer loan supply, with the August Senior Loan Officer Survey finding that banks reporting tighter loan conditions had surged to the highest level since the Lehman bankruptcy, while consumer demand for most loan types had tumbled, in some cases to record low levels.

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