Worst Crisis Since '30s, With No End Yet in Sight
From the article:"This has been the worst financial crisis since the Great Depression. There is no question about it," said Mark Gertler, a New York University economist who worked with fellow academic Ben Bernanke, now the Federal Reserve chairman, to explain how financial turmoil can infect the overall economy.International Monetary Fund:
America's mortgage crisis has spiralled into "the largest financial shock since the Great Depression" and there is now a one-in-four chance of a full-blown global recession over the next 12 months, the International Monetary Fund warned today.WaPost:
The worst financial crisis since the Great Depression is claiming another casualty: American-style capitalism.But Obama's fear-mongering!
Someone tell Dr. Mrs. Putz.
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