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[NewsBite] BIS Warns of Great Depression Dangers From Credit Spree

Posted under Bubble, Great Depression, BIS, China on July 2nd, 2007 by Richard Buchanan1 Comment

Article from June 25, 2007 published by The Daily Telegraph entitled “BIS Warns of Great Depression Dangers From Credit Spree” by Ambrose Evans-Pritchard.
Begins … “The Bank for International Settlements, the world’s most prestigious financial body, has warned that years of loose monetary policy has fueled a dangerous credit bubble, leaving the global economy more vulnerable […]

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