Monday, 24 September 2018

Next crash will be ‘worse than the Great Depression’: experts

Next crash will be ‘worse than the Great Depression’: experts

Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of $247 trillion that causes the next crash. After a decade of escalating US household debt brought on by low wages and the national debt more than doubling over the same time frame, to $21 trillion, debt could soon put the brakes on this economic recovery, analysts warn.
Read more: https://nypost.com/2018/09/22/next-crash-will-be-worse-than-the-great-depression-experts?source=Snapzu

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