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IMF says there are nine big global banks in big financial trouble.

Posted by Richard640 @ 18:58 on October 13, 2017  

By Greg Hunter’s USAWatchdog.com

The International Monetary Fund (IMF) says there are nine big global banks in big financial trouble. These nine banks represent $47 trillion in assets. Gregory Mannarino of TradersChoice.net says these nine banks could all be the equivalent to Lehman Brothers that imploded the financial markets in 2008. The IMF agrees and warns it will only take one of the nine named banks to cause global “systemic stress.” Citigroup is the only U.S. bank named by the IMF as a struggling global bank.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.