The world's banks face a $3.6 trillion "wall of maturing debt" in the next two years and must compete with debt-laden governments to secure financing, the IMF warned on Wednesday.
Read more:
http://www.cnbc.com/id/42582344
Thursday, April 14, 2011
And whom do you think helped create all that debt? The IMF and the World Bank...
The world's banks face a $3.6 trillion "wall of maturing debt" in the next two years and must compete with debt-laden governments to secure financing, the IMF warned on Wednesday.
Read more:
http://www.cnbc.com/id/42582344
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