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Originally Posted by saden1
Not this.
Mere opinions may support your statements but facts do not. Increase in liquid assets is not indicative of presidential policies but economic climate (life long dictator being in charge not withstanding). For one thing, no one is lending. What is a business to do when it can't borrow and the market is shrinking? Save money in order to meet future accounts payable obligations. Secondly, corporate liquid assets has been increasing for decades and long before Obama.
Let's put facts into the picture and watch this shall we?
Jun 23: Back it with cash - short view - markets - FT.com |
I'm buying a lot and I have not found any problems borrowing any money. The only reason people are saying banks are not lending is because they have gone back to to old ways of lending to people who can afford what they are buying and have good credit. I have both so banks will lend me what I need plus some.