Comments on: Is Our Banking System On The Verge Of Collapse? http://www.mytwodollars.com/2007/09/10/is-our-banking-system-on-the-verge-of-collapse/ A place to discuss money...for the rest of us. Tue, 22 May 2012 00:24:51 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Joehttp://www.mytwodollars.com/2007/09/10/is-our-banking-system-on-the-verge-of-collapse/#comment-20689 Joe Tue, 11 Sep 2007 23:31:06 +0000 http://www.mytwodollars.com/2007/09/10/is-our-banking-system-on-the-verge-of-collapse/#comment-20689 I'm with you on this one. While the banking system might not be on the verge of collapse, there are definitely dark clouds on the horizon. From my safe vantage point here in the UK, I can scratch my head over American complacency. With the dollar headed south, central banks warming to the Euro, and massive trade and government deficits, the U.S. doesn't strike me (and many others) as a very attractive place to send my money these days. A liquidity crunch is the last thing the market needs right now. I’m with you on this one. While the banking system might not be on the verge of collapse, there are definitely dark clouds on the horizon.

From my safe vantage point here in the UK, I can scratch my head over American complacency.

With the dollar headed south, central banks warming to the Euro, and massive trade and government deficits, the U.S. doesn’t strike me (and many others) as a very attractive place to send my money these days.

A liquidity crunch is the last thing the market needs right now.

]]> By: Harmhttp://www.mytwodollars.com/2007/09/10/is-our-banking-system-on-the-verge-of-collapse/#comment-20602 Harm Mon, 10 Sep 2007 22:45:49 +0000 http://www.mytwodollars.com/2007/09/10/is-our-banking-system-on-the-verge-of-collapse/#comment-20602 Probably not, LoL Probably not, LoL

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