It has happened Crunch, 167 year old bank CS is no more, 9000 will be out of work. Central banks in Europe and the US are actively working to diffuse this crisis. Basically, they are using a new form of quantitative easing to keep cash flowing thru the world markets and avoid a new credit crunch. I don’t like the interference but I understand it.
It has happened Crunch, 167 year old bank CS is no more, 9000 will be out of work. Central banks in Europe and the US are actively working to diffuse this crisis. Basically, they are using a new form of quantitative easing to keep cash flowing thru the world markets and avoid a new credit crunch. I don’t like the interference but I understand it.