Chesterfield Online Forum

General Category => Politics => Topic started by: ironsky2 on November 17, 2014, 11:27:53 PM

Title: Another Credit Crunch On The Way?
Post by: ironsky2 on November 17, 2014, 11:27:53 PM
Cameron has warned world leaders that the red lights are on for the world economy and its possible  that another ' credit crunch ' like what happened in 2008 will repeat itself. In the same news report it said that Cameron's government is now borrowing more money and spending has increased despite the deep cuts made to spending in short were in a bigger mess now than before. Can the world economy survive another 2008 bank meltdown or will this be the end game for all countries and there economies?