A Financial Crisis Like No Other

Rumors are circulating that Credit Suisse is on the brink of failure and some are speculating that Soft Bank and Deutsche Bank are close behind.

Many analysts and commentators have begun to speculate that another bank bailout is imminent especially after the Bank of England stepped in last week to save the UK Pension System. But this is no ordinary financial crisis and another round of bank bailouts could mean something far worse. Now central banks are faced with an impossible choice.