Credit Suisse Crisis May Trigger Domino Effect and Eventual Capital Flight From Europe

Credit Suisse Crisis May Trigger Domino Effect and Eventual Capital Flight From Europe

Credit Suisse’s liquidity crisis may be just the tip of the iceberg as other banks and non-bank financial institutions could become much more fragile and close to failure, Sergio Rossi, professor of macroeconomics and monetary economics at the University of Fribourg, Switzerland, told Sputnik.

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