U.S. Financial Problems Have Horrendous Implications for Markets and Systemic Stability – Here’s Why

"Systemic-solvency and liquidity issues continue to plague the Fed and to restrain U.S. economic activity. Bank lending remains impaired, household income has taken a new hit, annual and monthly growth in the broad money supply appears to be stalling, again and U6 unemployment levels are at staggering levels. These ongoing financial problems have horrendous implications for the markets and systemic stability. [Let me explain.]
So says John Williams (www.shadowstats.com) in recent comments as posted on King World News which can be read in their entirety here."

at http://www.munknee.com/2012/03/u-s-financial-problems-have-horrendous-implications-for-markets-and-systemic-stability-heres-why/