Tuesday, March 2, 2010

Economists Warn Another Financial Crisis On the Way


The study says that "In 2008-09, we came remarkably close to another Great Depression. Next time we may not be so 'lucky.' The threat of the doomsday cycle remains strong and growing," they say. "What will happen when the next shock hits? We may be nearing the stage where the answer will be – just as it was in the Great Depression – a calamitous global collapse."

This is a picture of a protest in Greece, who is feeling the effects of the collapse already.  This picture was taken in December. 

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