Monday, September 21, 2009

Global recession timeline - where are we now?

SHOOT: I've predicted a steady step down, horizontal, step down cycle. I'd say we are due for another step down, otherwise known as a collapse, crunch or collapse, followed by a period of 'recovery' etc etc.
clipped from news.bbc.co.uk
HSBC
How did the credit crunch at the end of 2007 become a full financial meltdown by the middle of 2008, and finally turn into a global recession?
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