Like overstretched American homeowners, governments and companies across the globe are groaning under the weight of debts that, some fear, might never be fully paid back.
As Dubai, that one-time wonderland in the desert, struggles to pay its bills, a troubling question hangs over the financial world: Is this latest financial crisis an isolated event, or a harbinger of still more debt shocks?
This blog accompanies the economics courses taught at University College Utrecht. It provides links to interesting stories, sites and books on the internet that have a relation to economics.
woensdag 2 december 2009
after Dubai: who's next?
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