Wow, either something is really awry or ....maybe our sky is falling event really is coming:
The Royal Bank of Scotland is warning of a global market crash.
Really from 2007, bit a fear mongering here:
Bankiing Times reports:
The Bank for International Settlements (BIS), the organisation that fosters cooperation between central banks, has warned that the credit crisis could lead world economies into a crash on a scale not seen since the 1930s.
In its latest quarterly report, the body points out that the Great Depression of the 1930s was not foreseen and that commentators on the financial turmoil, instigated by the US sub-prime mortgage crisis, may not have grasped the level of exposure that lies at its heart.
The article allows comments where many said this statement was outrageous and the author then goes onto claim that BIS actually reported this almost a year ago.