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2012: Staring down a new recession?

Posted by: 2UE | 29 January, 2012 - 3:18 PM
Shares plunge overnight as warnings of recession return

Ian Verrender writes on smh.com.au that a disorderly Greek default with the Euro crisis could involve a complete shutdown of the global banking system. George & Paul seek his views on the financial path ahead for 2012.

Click to read more: Let's hope the year's worst is limited to a European recession




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Blog comments Your Say

  • The Globalist Elite own approximately two-thirds of the worlds wealth yet they are the ones responsible for this recession just as they were also responsible for the great depression many years ago. It is THEY who should bail everybody out and stop with their NWO plans of domination.

    Robert A Monday 30 January, 2012 - 3:02 PM
  • Nothing more than more NWO commie lies from labor!!! Everyone knows capitalism always works and everyone profits!!! It never goes wrong and this is all a great labor multiculturalism commie gillard whitlam lie from the NWO elite!!!

    Robert Monday 30 January, 2012 - 1:40 PM
  • In-debt Australia is still continuing to wastefully borrow a $Billion dollars a week from China. The IMF ilk are now demanding that Australia giveaway $Billions to help bail out these damned lazy, failed socialists, very bad governments. Rich China gives nothing, ditto the wealthy oil rich Arab countries. We have no money to spare and should be looking after our very own. The failed IMF ilk should bugger-off, along with their bludging supporters. I note that some European countries are thinking the same and are ready to cut loose these hopelessly failed governments. Australia, clearly should be following successful nations.

    Craig Monday 30 January, 2012 - 11:37 AM

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