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Old 09-15-18, 06:37 AM   #17
STEED
Lucky Jack
 
Join Date: Jan 2006
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Quote:
Next financial crisis 'has begun and will be worse than 2008 crash,' economists warn

The beginnings of another financial crisis are already in motion - and it will be worse than the global meltdown of 2008.

That's the opinion of one of the select band of economists who predicted the 2008 economic collapse, which started with the bankruptcy of Lehman Brothers bank a decade ago and ended up affecting every country in the world.

Ann Pettifor predicted that crisis in 2006, more than two years before it actually struck.

Now she thinks the global economy is in danger once more thanks to huge corporate debt, and the prospect of rising interest rates in the United States.

She told Sky News that global debt was now more than three times the level of global GDP.
https://news.sky.com/story/next-fina...-warn-11497433


WOOHOO WE'RE IN THE MONEY WE'RE IN THE MONEY.....

Yes the bankers are singing as they never loose.

I will say this yes it will be worst than the last one and the one to come after this predicted one will be even more worst and so on until the whole system collapses.
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