Showing posts with label eurozone sovereign debt. Show all posts
Showing posts with label eurozone sovereign debt. Show all posts

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!