Results tagged “AA” from Birmingham Post - Business Blog
Commodities - another way for hapless banks to lose billions?
Have the banks - still reeling from the sub-prime fiasco - got another money-losing trick up their sleeves?
Quite possibly, according to Roger Bootle, the MD of Capital Economics and the man who acts as adviser to Deloittes.
He was writing in The Daily Telegraph on the theory that commodities, including oil, have come to resemble yet another speculative bubble that is now about to burst.
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- roger bootle
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