BTW, did you see the monetary aggregates yesterday? UFB! <A HREF="http://research.stlouisfed.org/publications/usfd/page2.pdf" target="_new">http://research.stlouisfed.org/publications/usfd/page2.pdf</A> <A HREF="http://research.stlouisfed.org/publications/usfd/page3.pdf" target="_new">http://research.stlouisfed.org/publications/usfd/page3.pdf</A> ...and C&I lending hits new lows with each passing week: <A HREF="http://research.stlouisfed.org/publications/usfd/page11.pdf" target="_new">http://research.stlouisfed.org/publications/usfd/page11.pdf</A> If we're not in a major debt-trapping spiral, we're doing an awfully good imitation of one!