Oct 9, 2008
Recession Fears World Wide
As stock indexes plunge across Europe and Asia, Britain unveiled plans today to inject up to 50 billion pounds close to $90 billion into its biggest retail banks. Recent efforts to bolster world credit markets have failed to stem fears that the spreading financial crisis could lead to a global recession. We go to Rome to speak to economist, author of Rogue Economics: Capitalism's New Reality.
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