An analysis of the credit crisis of 2008 - 2011. In depth look into key causes of the crisis, and why the Federal Reserve policies are not going to help. Analyzes the effects and implications of the monetary policy leading up to the crisis and current policy during the crisis. Reflects on the impacts of the current policies and where they might lead and offers alternative policies that would be better from the American and Global economies.

1. The Current Credit Crisis Why it is so dangerous and potential implications Prepared by Robert Malvin [email_address]

9. This Caused Loan Losses to Explode One Month Decrease can Be Followed by More Increases http://research.stlouisfed.org/fred2/

10. Bank Losses Will Continue to Increase Large gap between the loan loss reserves and noncurrent loans (more than 90 days past due) suggest that current reserves will need to be increased for the foreseeable future This is a major drain on banks earnings FDIC Quarterly Banking Profile Second Quarter 2009

13. Not Reducing Debt Strangle Will Lead to a Death Spiral in our Economy We have surpassed the debt levels that were the cause of the great depression Why would deleveraging this debt be any less painful? It won’t be unless the Fed acknowledges the banking industries culpability and decreases debt burden on consumer and forces banks to take significant debt write offs to re-establish realistic levels of money supply and debt in our economy http://mwhodges.home.att.net/nat-debt/debt-nat-b.htm