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differences between a Liquidity Crisis and a Solvency Crisis

Page history last edited by Brian D Butler 13 years, 6 months ago

 

On Ireland:  "“We have spent two years cutting deficits and we still do not have things under control,” said Constantin Gurdgiev, a professor of finance at Trinity College in Dublin. “We already have a solvency crisis. Now we are setting ourselves up for a liquidity crisis.”"

 

read more here: http://www.nytimes.com/2010/10/01/business/global/01euro.html?_r=1

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