RBS tells investors: 'Sell everything'

[LiteCoinGuy]

RBS tells investors: 'Sell everything'

The Royal Bank of Scotland (RBS) has advised clients to brace for a "cataclysmic year" and a global deflationary crisis, warning that the major stock markets could fall by a fifth and oil may reach $US16 a barrel.

The bank's credit team said markets are flashing the same stress alerts as they did before the Lehman crisis in 2008.

http://www.theage.com.au/business/markets/rbs-tells-investors-sell-everything-20160111-gm3ssa.html