Banks Will Face Their Own Debt Crisis as Trillions Come Due

Quicklink submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink
Related Topic(s): ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (42 fans)
There is another gathering threat that has not garnered much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years. U.S. banks must refinance about $1.3 trillion through 2012.

Read the rest of the story HERE:

At www.nytimes.com

- Advertisement -
- Advertisement -