sign up it will profit you in my opinion..... quick excerpt from ......http://www.the-privateer.com
The Real Problem With British And US Banks:
The details which have come out about the actual situation in the British banks demonstrates why they are all being bailed out. The REAL problem is this. The Royal Bank of Scotland, Lloyds and Barclays have total liabilities of £4.5 TRILLION. If they were all to be allowed to go bankrupt, that would tear a hole of
the above size in the British financial system and all around the world. To get an idea of what that would amount to in purely global economic terms, it is about twice the size of Britain’s GDP. Now add to the liabilities of the British banks the liabilities of the four US banks already mentioned and the end result in global terms is a worldwide banking systemic collapse.
This is really happening.... just hard to believe....... can't be negative for POG.....
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scary news on banks....from privateer
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