Balance Sheet Problem News Today

Inflation. mark: we hear the phrase imbalance of trade, and i think people consider the national debt where theres a big balance sheet problem with income versus expendures and borrowing and look at your own home, best not to have great debt, keep things under control. imbalance of trade, i dont know why we would keep these numbers. give you an example, lets say the nation, the businesses in the country, buy a billion dollars worth of oil in saudi arabia and saudi arabia buys nothing, so were in...

Inflation. mark: we hear the phrase imbalance of trade, and i think people consider the national debt where theres a big balance sheet problem with income versus expendures and borrowing and look at your own home, best not to have great debt, keep things under control. imbalance of trade, i dont know why we would keep these numbers. give you an example, lets say the nation, the businesses in the country, buy a billion dollars worth of oil in saudi arabia and saudi arabia buys nothing, so were in...

Their name is, to lend. >> are we headed, do you think, if nothing is done right down the same path where we can see the mistakes repeated by these big banks? >> i think that people have memories, not very long memories. at least in the near term, thats not going to be happening. i think that the banks are scrutinizing and the problem isnt that theyre turning down great deals because they dont want to lend. i dont know if thats a balance sheet problem or theyre just hoarding cash for whatever re...