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To: fightinJAG
Here is a better one from the same site: European Banking Crisis Spins Out Of Control – Officials Have No Solutions
10 posted on 09/18/2011 4:20:31 PM PDT by Sawdring
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To: Sawdring
From that article [underlines mine - they finally kicked the can into a cul-de-sac]: A crash in bank stocks was the harbinger for the financial collapses seen in 1929 and again in 2008. The reason why this time could be worse is the inability of already heavily indebted governments to bail out the system. A global financial crisis is upon us again and the nightmare scenario is that this time the crisis cannot be contained.

I'd like to get hold of that Chinese guy who promised I would live in "interesting times".

16 posted on 09/18/2011 4:46:12 PM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: Sawdring

May I suggest you post that as a stand-alone thread? It deserves more visibility and specific discussion.


38 posted on 09/18/2011 7:41:52 PM PDT by fightinJAG (Please stop posting "helpful hints" in parentheses the title box. Thank you.)
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