Global Financial Crisis News

November 30, 2008 · Filed Under Financial Crisis 

While I’ve been away from blogging, the world has seen something that can only be described as a Global Financial Crisis.

What began as a fall-out from sub-prime loans last year has spread like a disease through all aspects of the financial system:

1. Credit markets truly froze
2. Even banks could not get day-to-day funding
3. Stock markets crashed, then crashed again
4. Property markets continue to plummet
5. Consumer debt has become a bigger thread to global stability than terrorism

Some online news publications have dedicated sections on the financial crisis which are definitely worth keeping an eye on.

Here are a few that I’m using:

1. Financial Crisis - The Telegraph
2. Credit Crunch - BBC
3. Global Financial Crisis - FT

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