IMF in global 'meltdown' warning

[Sweetpea]

The world financial system is teetering on the "brink of systemic meltdown", the head of the International Monetary Fund (IMF) has warned in Washington.
Dominique Strauss-Kahn said the crisis was being fanned by fears over debt-ridden banks but added rich nations had so far failed to restore confidence.
He spoke after talks with US President George W Bush, Group of Seven (G7) finance ministers and the World Bank.
Mr Bush said the global economic crisis needed a united international response. Speaking in the US capital on Saturday, Mr Strauss-Kahn said: "Intensifying solvency concerns about a number of the largest US-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown."

BBC NEWS | Business | IMF in global 'meltdown' warning


There you have it.

[Bruv]

Because all the available money has gone to China ?

[Haqa]

While all the available chinese have come to the UK to look for money...

H.

[Bruv]

Originally Posted by Haqa

While all the available chinese have come to the UK to look for money...

H.

Give me a break............

[Haqa]