Société Générale tells clients how to prepare for potential 'global collapse'

artvision · 11-20-2009, 09:53 AM

http://www.telegraph.co.uk/finance/e...-collapse.html

Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction.

According with SG bank, recession is by far, not over. Do the US administration and UK, as well, lying when they are telling us the recession is over, that the green shots of recovery is appearing here and there and possible positive trends showing, etc, etc?

11-20-2009, 09:53 AM	#1
artvision Avalon Senior Member Join Date: Feb 2009 Posts: 328	Société Générale tells clients how to prepare for potential 'global collapse' http://www.telegraph.co.uk/finance/e...-collapse.html Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction. According with SG bank, recession is by far, not over. Do the US administration and UK, as well, lying when they are telling us the recession is over, that the green shots of recovery is appearing here and there and possible positive trends showing, etc, etc?