Saturday, July 23, 2011

Is another Collapse of Economy on the Horizon?

After the breakdown of the global economy in 2008, the market has slowly tried to stand on its feet once again and many firms, being offered bailout package by their governments have started to find their feet once again. But recently, a study showed that it is far from reality as property prices and bank overdrafts, that was one of the major causes for the collapse of economy is still present by and large and as a result, the chances of another meltdown in the market also looms large. The different governments are trying to address this problem and unless there is a suitable solution found to this problem, another market collapse remains a possibility.