Mittwoch, 20. August 2008

Large U.S. bank collapse seen ahead, says ex-IMF chief economist



SINGAPORE (Reuters) - The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world’s biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday.“The U.S. is not out of the woods. I think the financial crisis [...] continue reading world news

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