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Submission Summary: 0 pending, 1 declined, 0 accepted (1 total, 0.00% accepted)

Submission + - Imminent global collapse in the next two years (telegraph.co.uk)

Americium writes: Like you, I have watched all the Peter Schiff videos warning of the impending doom. However, Obama has been lifting my hopes (mostly with great speeches) ; this along with numerous reports of job losses bottoming out and profits starting to rise made me think Peter Schiff was just a crazy, as I'm sure he is to some degree. I stumbled upon this, an interesting news story from a LARGE European bank warning their investors of a global collapse. Unlike other people warning of a global economic collapse, this bank has a $1 trillion in assets, and also received $11 billion in bailouts from U.S. taxpayers. Banks generally do not warn investors of economic crisis, hence my concern.

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