July 18, 2008
-
Deep in the capitalist doo-doo By William Bowles
18 July 2008 “The current market jitters are centred on disturbances in the world’s credit markets. Worries about the viability of sub-prime mortgage lending have spread around the financial system, and the central banks have been forced to pump in billions of dollars to oil the wheels of lending.” ‘Financial crises: Lessons from history‘, Analysis Continue reading