[vbmoneyspender]

you’re describing events that happened in the past - the opposite problem is occuring now.

[4rcane]

no, it still the same. Its too risky to lend out money esp when some of these banks are expecting tonnes of losses e.g ppl defaulting on mortgages, credit cards etc and those exposed to derivatives

[iopscusa]

VB, I agree that 4rcane has the very simplified and erroneous POV about what has caused the TBTF Banks and other lenders to restrict credit. The truth is available but much more complex and it reveals too much criminal activity, political graft, FedReserve and big Gov failure and thus is carefully obscured by populist rage, media false flags. The best sources for knowledge are Thomas Sowell, AEI, Heritage, MISES Org and City Journal. Read and see that this failure is not the Free Market of capitalism but the opposite!