Can you believe the banks? While the world economic crisis has deep underlying causes, it was precipitated by the collapse of the credit bubble that had been inflated by major banks in a frenzy of borrowing and lending.
Yet now, it seems, the banks are suddenly making pots of money again. “US Banks Unleash a Wave of Optimism” was the main headline in last Saturday’s Financial Times.
Yet now, it seems, the banks are suddenly making pots of money again. “US Banks Unleash a Wave of Optimism” was the main headline in last Saturday’s Financial Times.
