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The hall of fame of incorrect economic predictions
When RBS told investors worldwide to "sell everything" in light of impending economic collapse, it raised the question of how often extreme economic predictions like these actually pan out. The answer is: Sometimes they do, but usually they don't: http://fir.mx/1Tkg6AM
RBS Royal Bank of Scotland
RBS is one of Europe's largest banking groups. Through subsidiaries, Royal Bank of Scotland and National Westminster Bank, it has the UK's largest bank network of more than 2,000 branches. RBS offers private banking and insurance products through Coutts Group and Adam & Company. Other divisions...
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