Friday, October 7, 2011

IMF figurehead predicts European meltdown, 2008-style, by end of October as debt-laden countries fall like dominoes

IMF Advisor Robert Shapiro has predicted total global financial meltdown by the end of October, according to a story on leftish AlterNet, link here.  The meltdown would start in the sovereign debt area and spread to all major financial institutions in Europe and Britain. 

The AP has a story today on credit downgrades for Italy and Spain, which are the next dominoes to fall after Greece, Yahoo! copy here.

But US markets were relatively flat today.

More of my clips from “Occupy DC” aka “Occupy Wall Street”.

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