Now the banks are refusing to lend to one another, because they at least understand how shaky they are, and what a load of rubbish their public talk is compared to their real state. They are also fearing a recession and a rush of corporate requests to fill existing credit lines....
We suspect strongly that another trigger event will shake the global financial system to its foundations, and that the Central Bankers are losing a great deal of sleep as they wonder where the Anglo-American financial hegemony has brought them...."
No comments:
Post a Comment