Friday, October 07, 2011

IMF Advisor: Global Financial Meltdown in 2 to 3 Weeks � ~ BLOGGER.GUNNY.G.1984 ~ (BLOG & EMAIL)

IMF Advisor: Global Financial Meltdown in 2 to 3 Weeks � ~ BLOGGER.GUNNY.G.1984 ~ (BLOG & EMAIL):

A week after the BBC exploded Alessio Rastani to the stage, it has just done it all over again. In an interview with IMF advisor Robert Shapiro, the bailout expert has pretty much said what,once again, is on everyone’s mind: “If they can not address [the financial crisis] in a credible way I believe within perhaps 2 to 3 weeks we will have a meltdown in sovereign debt which will produce a meltdown across the European banking system.

We are not just talking about a relatively small Belgian bank, we are talking about the largest banks in the world, the largest banks in Germany, the largest banks in France, that will spread to the United Kingdom, it will spread everywhere because the global financial system is so interconnected.......
EXCERPT

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