RBS Doom Sayers & Globalisation Chickens Comming Home to Roost

[William E Williams]

http://www.telegraph.co.uk/money/mai...8/cnrbs118.xml

"Globalisation was always going to risk putting G7 bankers into a dangerous corner at some point. We have got to that point" - Bob Janjuah, RBS credit guru - The guy that predicted the credit crash a year ago.

Seems some people are starting to be concerned about the price of oil & the rising costs of outsourced products killing the stock market in September.

Ted

[pilgrimtt]

http://uk.reuters.com/article/gc06/i...00970220080619

Henry sounds scared.