CREDIT CRASH
Article on latest report from Goldman indicates they no longer believe Asia and Europe strong enough drive global growth as US falters. Likelihood of Japanese recession risen to nearly two in three and unwinding of yen carry trade led to losses for many savers. Wages continue to fall leading to deflation fears.
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Credit crash is a social news site for the credit markets
I always check credit ratings before I make a decision...
This won't tackle the lack of deals or reluctance of lenders to refinance...
At least Bernanke was clear about what they believed - even if they're...
Fed sees more risk to the downside BUT doesn't realize that there's enough...
Writedowns are MORE than $18 billion. In the release they reveal U.S....
Dont see how they were all owned by the "elites", anyway dont...
Don't worry still plenty more costs to be "exposed", fallout is...
@crikey Nobody wants your parcels
@jaydasree OK so no pies for...
@jaydasree OK so no pies for...
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