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The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday.
"The U.S. is not out of the woods. I think the financial crisis is at the halfway point, perhaps. I would even go further to say 'the worst is to come'," he told a financial conference.
- Mike Rivero
Member Submitted News
HUNT BALLS: Why better food in hospitals is merely another Trojan Horse from Jeremy.... food costs “will have to rise tenfold”alexmark
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