lender as well as the reason for depressed loan action

lender as well as the reason for depressed loan action becomes readily apparent.  Banking institutions are not happy making one.5% on Treasury bonds (a negative true interest price) - they would gladly lend to company borrowers or individuals at a nice margin.  But like households, firms are de-levering their balance sheets and hoarding funds.  Remember that when http://www.obdchina.com/mb-star-c3-rs232-cable-p-1480.html the monetary crisis hit banks seized up entirely; businesses couldn't access their available debt capacity.  So nowadays there is no loan demand absent an obvious and compelling financial recovery.  This was a excellent article in general, but like most others it has the causation backwards when it comes to lending action. i am confused as to general public sector layoffs.  Whilst there have been a couple of non tenured teachers laid off(with decent sized declines in enrollment in Ct.) and state workers have to work 2 several years extended, there hasn't been any reduction in general public sector in Conn(and NY and NJ) compared to the engineers, IT, pharma, manufacturing(esp defense) which have gotten hammered.  Why is this getting mentioned..it may well be in some states but not significant compared to personal sector.  Also, with pensions intact a public worker is almost paid 1.4 times so large is the pension contributions The disconnect is always that public employee counts are compared to their recent car ecu programming peaks, which follow ten years of exploding government payrolls at ever-higher compensation and benefit ranges.  Governments at every degree expended the 2000's tax windfalls like permanent income.  Local governments were hit the hardest simply because so much of their revenue comes from property taxes on properties that were suddenly declining in value.  Now you use a highly paid unionized workforce that you can't afford. Nobody ever mentions that we have lost almost all of our manufacturing work to other international locations.  Individuals people work for less income, they are doing not have the environmental mandates that our