The global financial crisis left a wake of destruction through the world economy, and Australia was not immune. Continue reading
Tag Archives: world economy
Difficult times may still be ahead of us
They’re now using the word ”boom” in newspapers but while the signals from the property market are mixed, it appears we are far from the end of the global financial crisis. In fact, there is a case that we may be ready for the second crash. Continue reading
US and world economy depressed till 2011 – says Nobel Economics Prize winner
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The world economy will likely feel the impact of the global financial turmoil for another three years at least, the 2008 winner of the Nobel economics prize, Paul Krugman, said. Continue reading
Picture of disquiet as oil and metals join dollar heading down – The Australian 18-8-08
THE fall in oil prices leaves us inclined to celebrate, and it is easy to see the fall in metals prices as part of the normal rough and tumble of a traditionally volatile market.
But the simultaneous, and surprising, shifts in currency markets, with the US dollar surging and the Australian dollar diving, suggest a more disturbing dynamic is at work. Continue reading
CRS Warner Kugel trading as The Insolvency Experts © 2011. All rights reserved