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+--- Thread: Global financial meltdown foreseen (/thread-803.html)
Global financial meltdown foreseen - David Guyatt - 04-02-2009
Don't let anyone (mainly the MSM) say the risks weren't identified or weren't known about years ago.
The president of the European Central Bank, Jean-Claude Trichet, has warned about imbalances in the global economy for some time.
He told the BBC's Tanya Beckett that it was a question of ensuring that by being extremely bold in the short term, long term confidence was not hampered.
Watch clip below:
http://news.bbc.co.uk/1/hi/business/davos/7857706.stm