Global Financial Crisis News
November 30, 2008 · Filed Under Financial Crisis · Comment
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 [...]