Wednesday, August 13, 2008

I was considered a scaremonger with my Swedbank post

Along with those other scaremongers at the IMF who essentially repeated the story yesterday...

See this story about the IMF warning Swedbank and SEB off their Baltic investments and the Swedish Central Bank having to down-play the risk.

I guess the IMF is scared that they will have to bail out the Baltics less the Ruskies do it for them...

J

PS - if you are interested in Russian-Baltic relations see this Wikipedia article about the Bronze Soldier in Estonia... or this BBC version...

1 comment:

Anonymous said...

psst. have another look at swedbank. it is looking a bit shaky.

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