Bank for International Settlements Sees Economy Near 'Tipping Point' - WSJ.com

In its annual report, the central bank for central banks said the impact of rising food and energy prices on consumers' incomes, combined with heavy household debts and a pullback in bank lending, may lead to a slowdown in global growth that "could prove to be much greater and longer-lasting than would be required to keep inflation under control." Full Story »

Posted by Harv Roth

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Review

Harv Roth
4.2
by Harv Roth - Oct. 1, 2008

The Bank For International Settlements just released a report that excoriates the Central Banks for bad practices and puts the blame on them for the current crisis. The BIS goes on to make suggestions to change the system. In this short article the reporters paraphrase the report and provide insite into the document. The report was released just in time for an internation meeting.

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Harv's Rating

Overall
4.2

Good
from 12 answers
Quality
4.3
Facts
5.0
Fairness
4.0
Information
4.0
Sourcing
5.0
Style
4.0
Balance
4.0
Context
4.0
Popularity
4.0
Recommendation
4.0
Credibility
4.0
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