Tough 'O' Meter?
Corporate Loans are not getting funded.
Municpial Offerings are not getting funded.
CDOs trading without bid.
Homes being liquidated for 50% OFF.
Important Banks liquidating equity at 40% OFF.
Public arguments about value of corporate assets with auditors.
Financial Institutions paying 10% for equity(can they afford that?)
Commercial Projects defaulting
Vacancies rates rising
Auto sales declining
Retail sales decling
Tax Revenues declining
State Budgets contracting
Restaurant sales declining while costs rising
Positives: Jobless Rate still below 5%
How long can things keep going if loans not getting funded?