"Is this the next financial crisis unfolding? It feels like it may be—and all because of reckless increases in interest rates by central banks," argued one political economist.
vanishingly short period of relief in U.S. and global markets was shattered Wednesday after the scandal-plagued Swiss banking giant Credit Suisse announced that its auditor identified "material weakness" in its financial reporting and the firm's largest investor—the Saudi National Bank—said it wouldn't inject more cash to bolster the company
Saudis are on a roll lately :sicko-laser: