Bank warns of potential global economy risks

June 27th, 2007 by Critical Times

ABC Radio National
PM - Tuesday, 26 June , 2007 18:30:00
Reporter: Stephen Long

MARK COLVIN: When it comes to the economy, we’ve been living in a long boom, one of the longest ever, in fact.

All good things though come to an end, and today the central bank for central banks is warning that the world could be headed for another Great Depression.

The Bank for International Settlements says these may appear to be in benign economic times, with low inflation and strong growth.

read more »

Posted in International, Finance | No Comments »

Trouble, Trouble, Debt, and Bubble

May 25th, 2006 by Critical Times

The questions regarding U.S. macroeconomic policy these days come down to whether the country can keep borrowing.

read more »

Posted in International, Finance, Features | 1 Comment »

Recession for whom?Calling a spade a shovel (let the good times roll!)

February 2nd, 2003 by Critical Times

140,000 U.S. jobs lost so far this year, with more losses on the way. read more »

Posted in Finance | No Comments »