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Markets are on a crazy, sugar-fuelled journey – ‘When the music stops,” Chuck Prince famously observed back in mid-2007, “things will get complicated”.
by Liam Halligan, The Telegraph : The then chief executive of the US banking giant Citigroup was admitting that growing concerns about sub-prime loans could ultimately shatter what we now know was “irrational exuberance” on global financial markets. “As long as the music is playing, though, you’ve got to ...6 days ago
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