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Old 11-20-2009, 09:53 AM   #1
artvision
Avalon Senior Member
 
Join Date: Feb 2009
Posts: 328
Default 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?
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Old 11-20-2009, 10:27 AM   #2
Anchor
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Join Date: Sep 2008
Location: Sydney, NSW, Australia
Posts: 2,280
Default Re: Société Générale tells clients how to prepare for potential 'global collapse'

They forgot to point out the preparedness forums on Project Avalon - what kind of poorly researched journalism is that ?
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