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21 Jan 2019 7:13
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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.

    © 2019 Newstalk ZB, NZCity


     Other Business News
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     20 Jan: China's looming great wall of debt may have 'major global implications'
     19 Jan: First scooters, now hire-by-the minute compact cars
     18 Jan: Wellingtonians are feeling more positive about the state of the economy
     18 Jan: Assurances for the booming forestry industry
     18 Jan: Today's expected to be the busiest day of the summer at Auckland Airport
     18 Jan: A group of Wellington GPs is taking industrial action again today
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    Netflix is expected to bleed money for some time to come...it's projecting a loss of three billion US dollars this year More...



     Today's News

    Tennis:
    Roger Federer, Marin Cilic and Angelique Kerber have been among those to exit the Australian Tennis Open fourth round 7:07

    Cricket:
    Wellington have defended their Twenty20 Super Smash cricket title in a last-ball thriller against Canterbury at Eden Park Outer Oval 5:06

    Soccer:
    The Wellington Phoenix have let a two goal lead slip in their A-League match with the Victory in Melbourne 21:57

    Motoring:
    Prince Philip pictured behind the wheel again after car crash in Norfolk 20:27

    Law and Order:
    Police have arrested a person of interest after pulling out of their pursuit of a stolen vehicle 18:57

    Netball:
    The Silver Ferns face a surging South African side in their final game of the Northern netball quad series tomorrow morning 18:37

    Soccer:
    The Wellington Phoenix are preparing to face a test of their A-League credentials head on 18:07

    Hamilton:
    Two bronze medals for New Zealand on the final day of the UCI Track Cycling World Cup in Cambridge 18:07

    Politics:
    US shutdown shows no sign of ending, so is Donald Trump's proposed deal really a 'compromise'? 18:07

    Law and Order:
    Funeral for murdered Polish mayor Pawel Adamowicz draws crowds of thousands 17:57


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