Best explanation of the banking crisis I've read(moneyweek.com)
moneyweek.com
Best explanation of the banking crisis I've read
http://www.moneyweek.com/file/39172/how-banks-got-trapped-in-a-vicious-cycle.html
3 comments
Anyone have a link that explains how to read those charts? They say "Total assets and gearing" but I don't know what 'gearing' is.
No clue on the chart, but you might try Investopedia:
http://www.investopedia.com/search/results.aspx?q=gearing
http://www.investopedia.com/search/results.aspx?q=gearing
Gearing is basically a ratio of debt to equity IIRC.