"Scariest Chart Ever", most emailed at Seeking Alpha

Here's today's "most emailed" post at Seeking Alpha, posted there by Todd Sullivan:

If this doesn't give you pause, nothing will. From East Coast Economics: Here is a chart of borrowing by U.S. banks from the Federal Reserve through Dec. 2007:


Now, same chart through December 2008:

Anyone still think there are not some rough patches down the road?

Editor's note, 1/29/09: The original version of this post indicated that the charts show 'federal borrowing', and not borrowing by banks from the Fed. That has been corrected here.

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Yes, I'm scared! And will look forward to more commentary and analysis here this weekend!