credit crisis europe
RedGem asked:


Make sure your answer refers to europe. I need statistics of anything major. and a long answer on the effects that resulted in europe.

Lori
Apr
10
credit crisis europe
Rev. Dr. Al Poe asked:


Wall street thinks the credit crisis has passed and the economy is doing better than expected. Or, is it that the main impact of the credit crisis just hasn’t hit yet?

Swiss Bank UBS wrote off $37.4 billion in bad debt in the last 9 months and Deutsche Bank, Germany’s largest just wrote off antoher 4 billion. Is it starting to hit Europe?

Is the worldwide economic collapse beginning? Are you prepared for global depression?
1. http://news.yahoo.com/s/ap/20080401/ap_on_bi_st_ma_re/wall_street

2. http://news.yahoo.com/s/ap/20080401/ap_on_bi_ge/switzerland_ubs

Jean