[lbo-talk] Just how worrisome is this?: A warning to the G-8 from the bankers bank

[Todd Archer]

On the eve of the G-8 meeting this week, the major capitalist powers have 
been given a warning that despite the appearance of healthy growth, the 
problems of the global economy are increasing. The warning comes in the 75th 
annual report of the Bank for International Settlements (BIS) issued last 
week. According to the BIS, known as the central bankers’ bank, growing 
international debt and imbalances in the world economy have created the 
conditions for economic and financial crises.

http://www.wsws.org/articles/2005/jul2005/bis-j05.shtml