Jump to content
House Price Crash Forum

Financial System 'achilles' Heel' Of Recovery: Imf

Recommended Posts


Meanwhile "pockets of vulnerability" remain in the US financial system and Japan faced the longer-term risk of of a debt crunch as an aging population no longer props up Japanese bonds.

In the private sector, the IMF warned around four trillion dollars in bank debt will need to be rolled over in the next 24 months, prompting a call for government support for the sector to be phased out gradually.

Sorry, but how can these banks still pay bonuses when they are broke. The banks treat there so called Achilles heal like its a football injury and that should be allowed back on the pitch after a bit of R&R.

I'd personally rather see them take it like the real Achilles and die from their wounds/

Edited by Mikhail Liebenstein
Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 415 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.