Every country in the world is printing money and trying to save their banking system
Credit Suisse shares soar after central bank offers lifeline
GENEVA (AP) — Credit Suisse shares surged Thursday after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the country’s second-biggest lender and blunt concerns about the international financial system following the collapse of two U.S.
apnews.com
JPMorgan Says Fed’s Loans Will Provide $2 Trillion of Liquidity
The Federal Reserve’s emergency loan program may inject as much as $2 trillion of funds into the US banking system and ease the liquidity crunch, according to JPMorgan Chase & Co.
www.bloomberg.com