BIS Warns of Global Meltdown

one more confirmation came through this morning of an immenant meltdown in the global economy. This time from none other than the Bank Of International Settlements, the central bank to all the worlds central banks. It doesn’t come any more mainstream than this institution.

Ambrose Evans-Pritchard from the Telegraph has done an excellent job (once again) of summarising these concerns in lay and terms.

here is the link:

Kevin

http://www.telegraph.co.uk/finance/economics/11858952/BIS-fears-emerging-market-maelstrom-as-Fed-tightens.html