US money deposit.
- From: "kingkong" <hahaha@xxxxxxxxx>
- Date: Sun, 8 Mar 2009 21:11:22 +0800
http://www.federalreserve.gov/releases/h6/Current/
Quite amazing.....
US shareholders are actually dumping equity and putting all their money in
banks cash deposit account, saving accounts, time deposit accounts, money
market funds, etc, etc.
Even foreign banks in US are picking up lots of cash deposits business from
US consumers.
This is extraordinary.
All this money stuck in their savings account with ZERO interest rates.
.
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