Re: Central bank body warns of Great Depression

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Edgy

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Re: Central bank body warns of Great Depression

in response to

Central bank body warns of Great Depression

citytocityca

posted on Jun 17, 2008 07:23AM

What cought my interest was the following near the end of the article:

"Even what optimism BIS had about a weak recovery to the end of May 2008 have been dashed by extreme shorting of financial stocks across the US and UK"

How about shorting of PM stocks? Is there doubt about those?
If BIS puts out such warnings how can anyone deny anymore and be credible.

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