Monday, Jun 16, 2008
Where are the fault lines? Property prices?
Telegraph: Morgan Stanley warns of 'catastrophic event' as ECB fights Federal Reserve
"The clash between the European Central Bank and the US Federal Reserve over monetary strategy is causing serious strains in the global financial system and could lead to a replay of Europe's exchange rate crisis in the 1990s, a team of bankers has warned".
Posted by alan @ 07:07 PM (257 views) Add Comment
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