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Royal Bank of Scotland: "Brace for a full-fledged crash in global credit markets..."

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The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.

"A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.

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Posted : 18/06/2008 9:35 am
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