Wave of "Floating-Rate Notes" to Bankrupt Banks Over Next 12 Months
 |
FREE Natural Health Newsletter
Receive natural health product reviews, recommendations and alerts.
Instant download of 20+ free health reports and exclusive interviews.
Join over 1.2 million monthly readers.
|
 |
|
by Mike Adams, the Health Ranger, August 29, 2008
Key concepts: Banks, U.S. economy and Financial institutions
The fractional-reserve banking system is on life support, and the plug is about to be pulled. A series of cascading collapses will begin in the next few months, bringing down well over a hundred financial institutions in the U.S. alone.
From Azcentral.com: U.S. and European banks, already burdened by losses and concerns about their financial health, face a new challenge: paying off hundreds of billions of dollars of debt coming due. At issue are so-called floating-rate notes - securities used heavily by banks in 2006 to borrow money. A big chunk of those notes, which typically mature in two years, will come due over the next year or so, at a time when banks are struggling to raise fresh funds. That's forcing banks to sell assets, compete heavily for deposits and issue expensive new debt.... more
Related Articles:
 |
Receive our Natural Health Newsletter for FREE
 Subscribe now to receive a summary of each day's most important natural health stories, plus get full, free access to the entire archives of books on HealthBookSummaries.
You'll also get access to 20+ free downloadable reports and exclusive interviews here on NaturalNews.com. Join over 1.2 million monthly readers. Unsubscribe anytime. Your email privacy is protected. We absolutely do not sell or share email addresses with anyone!
- Receive breaking news alerts on natural health solutions, renewable energy, the environment, global warming and more.
- Get instant access to over 20 downloadable health reports and exclusive interviews.
- Get full access to the entire archives of downloadable book summaries from HealthBookSummaries.com.
|
|
 |
 |
 |
|
 |
More Breaking Health News for
Friday, November 21, 2008
|
See all Breaking News...
Health Ranger LIVE Teleconference: Saturday @ 6pm
Join the Health Ranger in a live teleconference on water health secrets. It's happening this Saturday at 6pm Pacific Time / 9pm Eastern time. $14.95 admission includes download of five-hour water health secrets seminar featuring interviews with five health experts. Click here to reserve a seat. |
Amazing omega-3 oil from New Zealand astonishes researchersThe Health Ranger has replaced fish oils, krill oil and flaxseed oil with THIS. What is THIS?
Click here to find out more
'This product is set to skyrocket in 2009... Don't miss the good news for your health.' - the Health Ranger
Over 100 ways to survive and thrive during the unfolding economic crisisThis eight-CD audio seminar was recorded LIVE by the Health Ranger in October. It reveals everything you need to know to survive the coming economic turmoil.
Click here to protect yourself now
"Guaranteed to deliver the most powerful financial protection advice you've ever seen or your money back!" - Mike Adams, the Health Ranger
Discover on NaturalNews NaturalPedia™
• Banks
• U.S. economy
• Financial institutions
|
The Disease Economy
China's Economy
|
2
|
