Zero Hedge is one the best financial blogs I have come across. Below is excerpt from the story that was the title of this post:
How The Federal Reserve Bailed Out The World
When the financial system almost imploded in the fall of 2008, one of the primary responses by the Federal Reserve was the issuance of an unprecedented amount of FX liquidity lines in the form of swaps to foreign Central Banks.
READ THE COMPLETE ARTICLE HERE!!!
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