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5 May 2024 12:50
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  •   Home > News > Business

    Another of the economists who picked the last global financial crisis is warning the next one has already begun

    Another of the economists who picked the last global financial crisis is warning the next one has already begun


    Ten years on from the meltdown of 2008, Ann Pettifor says the next crisis will be even worse.

    She says corporate debts are huge, and the prospect of higher interest rates in the US signal the end of the good times.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     05 May: Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils
     04 May: A nightmare run for the Green Party as further accusations come out about Julie Anne Genter
     04 May: A man has been arrested after allegedly waving a knife at customers at a KFC in Nelson
     03 May: The Reserve Bank is hoping to give small towns greater access to cash as part of a new trial
     03 May: New Zealand Rugby boss Mark Robinson has deflected speculation on a big-money deal from Qatar... taking on the finals weekend for the new Nations Championship
     03 May: Frustration on both sides of the Pacific, amid the Government's trade dispute with Canada
     03 May: The Trade Minister's breaking out the lawyers to settle a trade dispute with Canada
     Top Stories

    RUGBY RUGBY
    Both New Zealand sevens teams are into the cup semifinals of the Singapore World Series event More...


    BUSINESS BUSINESS
    Local Government New Zealand wants the coalition government to seriously consider returning the GST charged on rates, back to councils More...



     Today's News

    Entertainment:
    Katie Price is to be an auntie again, after her half-sister Sophie Price announced her pregnancy 12:44

    Living & Travel:
    Silver Ferns midcourter Whitney Souness says plenty of jobs will be lost amid continued uncertainty around netball's future in Aotearoa 12:27

    Entertainment:
    Sofia Vergara doesn't think it would be "fair" for her to have another baby 12:14

    Rugby League:
    The Knights' most inexperienced player expects to be a target for the Warriors during this afternoon's NRL clash in Newcastle 11:57

    Entertainment:
    Britney Spears and Sam Asghari have settled their divorce 11:44

    Entertainment:
    Maya Rudolph has a "hard time with mean comedy" 11:14

    Golf:
    Brooks Koepka has a three-stroke lead after two rounds of the latest LIV Golf event in Singapore, looking for his fourth Tour victory 11:07

    Soccer:
    Erling Haaland has ensured Manchester City remain just one point adrift of Arsenal with a game in hand as the Premier League title race nears a grandstand finish 10:47

    Entertainment:
    Richard Tandy has died at the age of 76 10:44

    Motorsports:
    The Max Verstappen show continues at Formula 1's Miami Grand Prix 10:37


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