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Saturday, 26 July 2008
 
 

Sub-Prime Woes to Hurt More than Just the City Boys

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Sub-Prime Woes to Hurt More than Just the City Boys

To those who haven't been around for the past couple of weeks the stock markets have been going through absolute turmoil. The fall out from the sub-prime lending market in the United States has had ramifications not only in the United States but across the global financial system. How long this crisis will last is yet to be seen and the wider outcome is yet to be known. However don't be fooled into thinking this is not going to have an impact upon those outside the financial markets, it will.
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