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Originally posted by Bixxi3
I have heard this as many times now as the world is going to end, nt saying anything about you.
Im just getting tired of it now anyone else?
Do not tell us, says an expert of one of the largest banks in the world: Willem Buiter, chief economist at Citigroup Inc.. Words such as bankruptcy or financial meltdown began to be spoken of more and more people in important positions and messages are received by prestigious media outlets. Buiter told Bloomberg TV that can be a matter of days to a financial catastrophe in Europe . "Time passes very quickly. I think we have a few months, which could be several weeks or even days to a bankruptcy of a country like Spain unwanted or Italy, bankruptcy could still provokes the banking system of Europe and North American one. So we must act now, "he said Citigroup. A weapon with which Europe could risk fighting fund would increase the financial stability of 3.000 billion euros. Surely this will not happen because of political inconsistencies. Swedbank: European financial system must be replaced in 10 years Current financial system, banks in Europe marked by debt, there can withstand long-term, which means that a new system will have to replace it, possibly in 10 years, said the Swedbank for sustainability, Staffan Dahlbeck.