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Canada Banks Join Federal Reserve for Bail Outs

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posted on Sep, 18 2008 @ 12:37 PM
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Now I am concerned. It appears that we will be heading for that worldwide collapse by design.

Does anyone smell that this is all by design?

Feds geting bailed out by other banks



Sept. 18 (Bloomberg) -- The Bank of Canada joined the Federal Reserve and other central banks today in agreements to provide extra U.S. dollars to private lenders if needed to calm financial markets.

Canada's central bank agreed to a swap facility with the Fed, under which it could use $10 billion to inject liquidity into Canadian money markets.


[edit on 18-9-2008 by Realtruth]




 
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