MindWars
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- Oct 14, 2016
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A new financial crisis is brewing in the emerging economies and it could hit “with a vengeance”, an influential group of central bankers has warned. Emerging markets such as China are showing the same signs that their economies are overheating as the US and the UK demonstrated before the financial crisis of 2007-08, according to the annual report of the Bank for International Settlements (BIS). Claudio Borio, the head of the BIS monetary and economic department, said
Bankers warn next global crash could arrive 'with a vengeance'
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Well if anything a ton of articles are coming out stating a few economic issues coming into play this year, beg. of next year. Those stating FEV of 2018 some think it will begin to happen a few month before we get into Feb. Time will tell, hopefully the band aid is big enough this time.
Key word here " GLOBAL" , not just the US this will be GLOBAL...................
Bankers warn next global crash could arrive 'with a vengeance'
==========================================================================
Well if anything a ton of articles are coming out stating a few economic issues coming into play this year, beg. of next year. Those stating FEV of 2018 some think it will begin to happen a few month before we get into Feb. Time will tell, hopefully the band aid is big enough this time.
Key word here " GLOBAL" , not just the US this will be GLOBAL...................