Before It's News | Popular Money
Warning Bond Crisis On The Way!
Bank of International Settlements warning of a Bond Crisis on the way! From 2007 the crises have grown - Central Banks can’t fix it alone! Whether it is Bill Gross of Pimco, Marc Faber, ourselves or so very many competent analysts in the financial world, to a man, are warning of the destructive power of rising interest rates. Now in addition to all of us, we have the central banker of central bankers, the Bank of International Settlements, giving a serious warning to developed world governments that it is perhaps too late to rely on growth to rescue the global economy from deflation.
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