Problem is that the UK has now severely increased the national deficit bailing out the banks from last time and have lowered interest rates as low as they can go without the ability to raise them again. This means when it hits again, they have run out of options and it could become a deflationary spiral which are notoriously difficult to stop once they take hold.
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Current time: March 9, 2025, 11:19 pm
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World economy at risk of another crash
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World economy at risk of another crash - by downbeatplumb - October 5, 2018 at 4:32 am
RE: World economy at risk of another crash - by I_am_not_mafia - October 5, 2018 at 4:44 am
RE: World economy at risk of another crash - by ignoramus - October 5, 2018 at 5:08 am
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