A default could very easily lead to
a massive global financial meltdown.
Not exact matches
But the downturn in the 1980s was caused by the sudden and
massive increase in interest rates by the Paul Volcker - led Federal Reserve, not a
meltdown of the
global financial system.
Q: My husband and I have been very happy Couch Potato investors, but I'm questioning the strategy after reading the latest edition of Aftershock: Protect Yourself and Profit in the Next
Global Financial Meltdown, which says
massive U.S. money - printing and debt will eventually cause rampant inflation and spiking interest rates.
She also makes clear the disturbing ties between major art institutions» board members and
massive global corporations, especially regarding the profits many personally saw after the
financial meltdown.