The U.S. banking system implodes!


These are tough times for banks. After rescuing the banks Bearn Steans and Fannie Mae and Freddie Mac by the U.S. government, or rather the U.S. taxpayer, the financial world witnessing helplessly at the wreck of the merchant bank Lehman Brothers and perhaps also to that of insurer AIG. Sign of the times if any, consequences of failures of these behemoths of finance and insurance show how monetary and financial balance and tenuous. Indeed, the flexibility is low, the first to fall in the latter inevitably leads to his downfall, the world helplessly watching this debacle. Analysts say them, "experts predict," hardly dare admit the possible consequences of these failures, by being reserved. However, there is actually the collapse of a financial system that, contrary to what its designers predicted, not self-regulate and has accumulated over several decades the excesses of his matchmakers. Thus, French banks, for what remains, are therefore not protected from contamination progressive and deep financial markets and thus could see their fate be closer to their American counterparts.


source :  linformateur blog 

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