liquidity crisis :
- n a state in which there is a short supply of cash to lend to businesses and consumers and interest rates are high
News & Articles
- Would Cheaper Gasoline Be Good Or Bad For America?
Oil prices have fallen in the past week, with benchmark Brent crude down more than 5% to less than $100 a barrel on Monday morning. West Texas Intermediate is now trading at $93. With the market plunging and China on the cusp of a liquidity crisis, oil looks likely to continue its swoon. Is it too soon to see relief at the gasoline pump on the horizon? And would that even be a good thing?
June 24, 2013 - Forbes