Largest Bubble Burst in History
16 October 2008
By Nouriel Roubini MoscowTimes
The rich world’s financial system is headed toward a meltdown. Stock markets have been falling most days, money markets and credit markets have shut down as their interest-rate spreads skyrocket, and it is still too early to tell whether the raft of measures adopted by the United States and Europe will stem the bleeding on a sustained basis. Read the rest of this entry »
Posts Tagged ‘bubble bursting’
Largest Bubble Burst in History
Posted by smeddum on October 15, 2008
Posted in Financial crisis | Tagged: bubble burst, bubble bursting, economic collapse, financial collapse, Financial crisis | Leave a Comment »