Friday, October 26, 2007

World finance 'tsunami' on the way

The Australian Treasurer Peter Costello has warned of a "huge tsunami" set to engulf global financial markets in the wake of the US sub-prime mortgage meltdown, and said rapid Chinese growth could not continue. “That will set off a huge tsunami that will go through world financial markets.”“That will be a wild ride when that happens... that w

read more | digg story

No comments:

8-3-2026

SURPRISE! TACO WEEKEND... On-again-off-again on-again-off-again on-again-off-again on-again-off-again on-again-off-again... STOCK MARKET REC...