Tuesday, July 15, 2014

WARNING! BIS Warns Of Financial Crash Worse Than 2008

AMTV Published on Jul 15, 2014 In today's video, Christopher Greene of AMTV reports on the BIS warning of a worldwide debt surge. http://ift.tt/1sktoAN... BIS chief fears fresh Lehman from worldwide debt surge The world economy is just as vulnerable to a financial crisis as it was in 2007, with the added danger that debt ratios are now far higher and emerging markets have been drawn into the fire as well, the Bank for International Settlements has warned. Jaime Caruana, head of the Swiss-based financial watchdog, said investors were ignoring the risk of monetary tightening in their voracious hunt for yield.



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