Bankers' Central Bank Warns of US Bubble Will Pop

Media Release: New Zealand Banking Reform.

Bankers' Central Bank Warns of US Bubble Will Pop

Our export led recovery could soon be in trouble according to a Bank for International Settlements (BIS) report issued June 5.

BIS President Urban Baeckstroam said "A soft landing is by no means assured." Some commentators are now asking if the US economy is heading for a Hard Landing or a Mid-Air Explosion?

Take a look at Bankers' Central Bank Warns US Bubble Will Pop - US Blackout Of Story for a less than favourable interpretation.

Or have a look at the BBC story

New Zealand Banking Reform suggests that the government, and the Reserve Bank, should inform the public on what contingency plans they have.

Dr Finlay Thompson, Member of NZ Banking Reform.
Ph 021 117 9149

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