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Monday 15 September 2014

[AfricaRealities] Deutsche Bank’s rubbish claims about Scottish independence

 

Deutsche Bank's rubbish claims about Scottish independence
It is the same banks that caused economic downturn for the last 5 years. They failed to predict the economic and financial crisis that affected our  mortgages, lives, families and children. We  lost our jobs and homes because of their mismanagement, incompetence and greedy behaviour. They believe that we have forgotten this. Now they are saying rubbish about Scottish Referendum. Who can believe them now ? The media, David Cameron, the No campaign ?
Deutsche Bank warning over Scottish independence
13 September 2014 Last updated at 11:25 BST
Deutsche Bank has compared a possible Yes vote in the Scottish independence referendum to the mistakes which led to the Great Depression of the 1930s.
Speaking on the Today programme, the bank's global strategist Bilal Hafeez warned that "the economic uncertainty that would ensue from independence, the unstable banking system that would also result, would really result in the Scottish debt having to offer much higher interest rates to attract investors."
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