"A lot of people think that what is going on is a bailout for the eurozone. It’s not; it’s a bailout for the banks on both sides of the Atlantic. It’s not a coincidence . . . last night Standard & Poor’s downgraded credit ratings for about 20 major banks, including banks like Bank of America [and] Morgan Stanley." - Peter Schiff
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment