Thursday, January 22, 2009

Where will this financial crisis end?

It began as the "subprime crisis" in 2007, and then mushroomed into a full-blown global recession in 2008. And still, despite mammoth government intervention, the bad news keeps getting worse. Are we now teetering on a precipice, ready to plunge into another Great Depression? Can the latest proposals pull the economy out of its nosedive?

There is plenty to worry about. But while many experts say this crisis is the worst since the Depression, that does not mean it will be as bad.

Please click here to read further.