What will happen if the banking systems of major countries will collapsed?


Posted May 10th, 2009 by admin 3 Comments »
banking
henry asked:


During the last thirty five years have been the most tumultuous in international monetary history. The shock then led to the reversal in the cross-border flow of capital and the price of that country’s currency in the foreign exchange market declined sharply as well as the price of securities traded declined. Is there possibility that the world banking system will collapse?