Archive for Economy

Bank worries bring echoes of 2008

Posted in General with tags , on August 5, 2011 by ewansheriff

“Just five days ago, international investors were considering the possibility
that the US government might default on its debt. That fear, always distant, has
now gone away. But it has been replaced by a lurking fear that world could be
heading into another credit crunch. .”

You can read the rest of this eye-opening story here