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16 Nov 2018 6:45
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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.

    © 2018 Newstalk ZB, NZCity


     Other Business News
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     15 Nov: It's been years in the working, but Manawatu and Whanganui leaders finally have their funding
     15 Nov: A major freight hub funded by the Provincial Growth Fund has local leaders excited about the growth potential in the central North Island
     15 Nov: Letting fees are banned come next month, but one company's already rolled out a scheme to replace them
     14 Nov: Wellington's mayor has paid tribute to business and sports leader Sir John Anderson
     14 Nov: A criminal lawyer says court staff can't be blamed for the struggle their escalating strike action is bringing
     14 Nov: Business is booming in Kaikoura, on the second anniversary of the devastating earthquake
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    BUSINESS BUSINESS
    Summer is coming and hot spots like Mount Maunganui are preparing for the annual influx of visitors...but it's not good news for everyone More...



     Today's News

    Entertainment:
    Jesy Nelson “struggled” with the pressures of fame at the start of Little Mix’s career 6:34

    Rugby League:
    Off-contract league player Jarryd Hayne is reportedly being investigated by the New South Wales sex crimes squad 6:27

    Entertainment:
    Liam Hemsworth has posted a picture of the remains of his home, after it burned down in the Californian wildfires 6:04

    Business:
    Summer is coming and hot spots like Mount Maunganui are preparing for the annual influx of visitors...but it's not good news for everyone 21:57

    Entertainment:
    Ezra Miller thinks he’s only “relatable” because his job allows him to be “extremely selfish” 21:34

    Law and Order:
    Police are investigating the unexplained death of a three-month-old baby in Porirua on Tuesday night 21:17

    International:
    Mike Pence tells Aung San Suu Kyi violence against Rohingyas is 'without excuse' 21:07

    Entertainment:
    Henry Golding is “struggling” with fame 21:04

    Entertainment:
    Katy Perry had to help Winnie Harlow go to the bathroom during the Met Gala 20:34

    Entertainment:
    Katherine Waterston revealed she is expecting a baby whilst at the ‘Fantastic Beasts: The Crimes of Grindelwald’ premiere on Tuesday (13.11.18) 20:04


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