Credit line

A credit line is called a bank and a non-bank creditor service, which is a combination of a loan, an overdraft and a credit card. A credit line is a type of credit that allows everyone to quickly make extra money What exactly is a credit line? Do you ask Continue Reading

Anatomy of a financial crisis

The irony of all this is that central banks can generate liquidity at no cost to them  The US financial system is caught in a destructive vicious circle: on the one hand, falling asset prices are causing serious financial difficulties; on the other, these difficulties stimulate the sale of assets Continue Reading