They all are to see how they are all connected you have to look no further than the LIBOR (it's the rate at which banks lend money to each other)
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They all are to see how they are all connected you have to look no further than the LIBOR (it's the rate at which banks lend money to each other)
Interesting. And this number is public record or you have to dig into bank records to find it? Now you have me curious lol
Ivy
It's all public record. Just Google LIBOR. Interbank lending is another bellweather to show how the economy is doing. When banks stop lending to one another (like now) it's a bad sign that something is going to happen!