Tuesday, April 21, 2009

“One year ago, the IMF estimated that total losses from the credit crunch would be $1 trillion”

Meltdown losses of '$4 trillion'

The International Monetary Fund (IMF) has warned that potential losses from the credit crunch could reach $4 trillion (£2.75tn) and damage the financial system for years to come.

Posted by flintster1994 @ 02:47 PM (906 views)
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4 thoughts on ““One year ago, the IMF estimated that total losses from the credit crunch would be $1 trillion”

  • flintster1994 says:

    Looks like I’ve posted a duplicate article. How did that happen?

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  • The other one is an earlier version so the URLs are different.

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  • general congreve says:

    Golden news, absolutely golden…

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  • Optimistic Cynic says:

    hope the IMF doesn’t run out of funds before we get our begging bowl out like we did in the 70s…

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