First there was the sub-prime crisis, which dragged the world economy into a recession from which it is still struggling to recover almost three years later. And now there’s the sovereign debt crisis, which is causing chaos in Greece, stress in Spain, Portugal and Italy, and creating reverberations in the not-so-stable economies of Europe and [...]
Posts Tagged ‘world system’
Subprime mortgages to sovereign debt: the crisis connection
Posted in bubbles, crisis, economy, globalization, recession, sovereign debt, Uncategorized, world system, tagged crisis, economy, globalization, recession, world economy, world system on 6 June 2010 | Leave a Comment »
