S&P: At This Point, There’s Probably Nothing We Can Do to Stop the Next Credit Crisis
via investmenteurope: Global debt levels have become “higher and riskier” than that of a decade ago, meaning that “another credit downturn may be inevitable”, S&P Global Ratings has warned. In a report entitled Next Debt Crisis: Will Liquidity Hold?, published on Tuesday (12 March), S&P found global debt has surged by around 50% since the 2008 Global … Read more