BIS Building in Basel, Switzerland – Julian Mendez, Wikipedia
“The Bank for International Settlements does not mince words. Sovereign debt is already starting to cross the danger threshold in the United States, Japan, Britain, and most of Western Europe, threatening to set off a bond crisis at the heart of the global economy.”
– Ambrose Evans-Pritchard, Telegraph
Well this news really isn’t anything “new” as we’ve known this for some time now but having the Bank of International Settlement (BIS) come out and say it is definitely something to take note of.
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