WARNING:
We Are Heading For A Market Shock In Septmber or October
“The
problem is a shortage of liquidity – that is what is causing the problems with
the banks. It feels exactly as it felt in 2008,” said one senior London-based
bank executive. “I think we are heading for a market shock in September or
October that will match anything we have ever seen before,” said a senior credit
banker at a major European bank.
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