Monday, 5 January 2009
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Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.
2 comments:
I still do not understand why the UK government borrowed such a huge amount of money that it is unlikeli to be paid back.
Hopefully it is not a atom bomb.
This refers to company debt. Revenues, cash flow and profits are all tumbling. Investors and banks are unwilling to lend to anybody so companies cannot 'roll over' their debt by issuing new debt. This is the time bomb and we will see what happens. It doesn't look good.
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