Royal Bank of Scotland: Dump Stocks [Picture]
If you don’t want to lose your shirt, the Royal Bank of Scotland (RBS) says dump stocks and get in to Bonds NOW! After the SHTF maybe American banks will catch up. muckracker
In a note to its clients the bank said: “Sell everything except high quality bonds. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.” It said the current situation was reminiscent of 2008, when the collapse of the Lehman Brothers investment bank led to the global financial crisis. This time China could be the crisis point.source
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