The Bubble Goes Bang

I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???

Sunday, 5 October 2008

Credit crunch: A sickness in the heart of Britain

It started with distant banks and poor homeowners in America. But now the financial turmoil that has raced around the world threatens to inflict a deep recession on Britain. Lives will change as jobs and savings are swept away. And few are prepared to predict how long the crisis will last. By Heather Stewart, Ruth Sunderland, Lisa Bachelor and Zoe Wood

http://www.guardian.co.uk/business/2008/oct/05/creditcrunch.marketturmoil2

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Posted by AC at 23:47
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