The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks. "A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.Uh-Oh.
Monday, June 23, 2008
A very nasty period is soon to be upon us - be prepared
Jon Talton at Rogue Columnist pulls this tidbit out of the foreign press:
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