From households to governments to big businesses – global debt has increased by 50 per cent since the crash ten years ago. Are we inviting another financial crisis?
GUESTS:
Garrick Hileman
Head of Research, Blockchain.com
Osmond Plummer
London Institute of Banking & Finance
David Belle
UK Growth Director, Trading View
Beverley Budsworth
Managing Director, The Debt Advisor
LOCATOR: MANCHESTER, UK
Subscribe: http://trt.world/Roundtable
Livestream: http://trt.world/ytlive
Facebook: http://trt.world/facebook
Twitter: http://trt.world/twitter
Instagram: http://trt.world/instagram
Visit our website: http://trt.world
This week marks a decade since the collapse of the US investment bank Lehman Brothers triggered the worst global financial crisis since the Great Depression.
What became known as the Global Financial Crisis saw banks collapse and even whole countries teeter on the brink of insolvency.
While much of the world fell into prolonged recession, Australia’s economy narrowly avoided that fate – but 10 years on, many individual Australians are still paying the price.
Now, there are new warnings from financial insiders that the global economy could be even more vulnerable to a repeat meltdown.
For more from ABC News, click here: http://www.abc.net.au/news/
Follow us on Twitter: http://twitter.com/abcnews
Like us on Facebook: http://facebook.com/abcnews.au
Subscribe to us on YouTube: http://ab.co/1svxLVE
Follow us on Instagram: http://instagram.com/abcnews_au