Quote Originally Posted by cobben View Post
Things are getting complicated, in their panic to save the banking system a lot of guvm'nts (like the Swedish to a certain extent) have been putting out blanket guarantees of all bank debt, including that denominated in other currencies.

Ever more chickens just hankering to come home to roost?
To again quote Gerard Minack
"The outlook is dark and gloomy because the sky is full of chickens coming home to roost"