Sub-prime Drama In Plain English

Sub-prime Drama In Plain English

credit squeezeProfessor Prem Sikka has written an excellent article describing the Sub-prime drama fiasco that is threatening to unleash a new wave of damage. Governments around the world have tried to construct a interventionist "dam"  to control the astronomic flow of losses resulting in the sub-prime loan market. The average tax payer will once again pick the tab.

Article : Sub-prime drama reveals the new crisis of capitalism says Prem Sikka 

Friday, November 16, 2007

Source : www.compassonline.org.uk