Thursday, September 19, 2013

Bank of International Settlements (BIS): The most powerful bank in the world announces the crash

Via David

The Spaniard Jaime Caruana is the Chief of the secretive Bank for International Settlements (BIS). The BIS fears that central banks are no longer able to avoid the crash in the global debt crisis. Ben Bernanke has supplied the evidence on Wednesday. (Photo: Reuters)

The Bank for International Settlements (BIS) is the current situation on the financial markets as worse than before the Lehman bankruptcy. The warning of the BIS could be the reason why the U.S. Federal Reserve decided to continue indefinitely to print money: Central banks have lost control of the debt-tide and give up.

 The decision by the U.S. Federal Reserve to continue indefinitely to print money ( here ) might have fallen on "orders from above".
 
Apparently, the central banks dawns that it is tight.
 
Very narrow.

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