Dollar Collapse
Chaos Spreads to US Retailers and Italian Banks
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:12:00
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Macy's reports horrendous earnings and Italian banks finally reveal their non-performing loans. Share prices plunge accordingly. China, meanwhile, admits that it's over-leveraged and promises to stop borrowing. In other words, wherever you look, a global slowdown is coming and a massive devaluation will soon be the only politically feasible solution.
