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World risks fresh credit bubble, Switzerland’s BIS warns

Posted on 10 December 2012

Asset prices across the world have risen to heady levels not seen since the credit boom five years ago and may be losing touch with economic reality yet again, the Bank for International Settlements has warned.
“Some asset prices appeared highly valued in a historical context relative to indicators of their riskiness,” said the bank in its quarterly report………………………………………..Full Article: Source


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