Thursday, November 17, 2011

The next financial crisis will be hellish, and it’s on its way

The next financial crisis will be hellish, and it’s on its way - Yahoo! News
"There is definitely going to be another financial crisis around the corner," says hedge fund legend Mark Mobius, "because we haven't solved any of the things that caused the previous crisis."
We're raising our alert status for the next financial crisis.
We already raised it last week after spreads on U.S. credit default swaps started blowing out.

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