Sunday, September 13, 2009

If Only


A BBC reporter has done some simple calculations in order to find out how much money the recession has cost each individual.

If only it was 10k!

BBC: Crisis 'cost us $10,000 each'
Many experts think it will take years, if not decades, before lending returns to pre-crisis levels, and reduced lending was one of the key causes of the economic slowdown, along with a massive collapse of confidence in financial markets.

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