Sunday, 17 July 2011

Economic crisis

We thought not so long ago that the crisis had come to an end: the banks had been rescued and mortgage lending curbed.

This is becoming more and more unlikely: the US sovereign debt is incredibly large - and still growing; the Eurozone  is confronted with problems which threaten its very existence.

Economists gave mutually contradictory advice.

Ordinary people can only await developments with trepidation!

No comments:

Post a Comment