Mervyn King: "Worlds Worst Financial Crisis Ever"

Bank of England Governor Mervyn King says:We are still halfway through the worlds worst financial crisis ever

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15/05/2010

Bank of England Governor Mervyn King says:We are still halfway through the worlds worst financial crisis ever.He is in good company.The following experts have said that the economic crisis could be worse than the Great Depression:Fed Chairman Ben BernankeFormer Fed chairman Alan Greenspan (and see this)Former Fed Chairman Paul VolckerEconomics scholar and former Federal Reserve Governor Frederic MishkinEconomics professors Barry Eichengreen and Kevin H. ORourkeNobel prize winning economist Joseph StiglitzInvestment advisor, risk expert and "Black Swan" author Nassim Nicholas TalebWell-known PhD economist Marc FaberFormer Goldman Sachs chairman John WhiteheadMorgan Stanley’s UK equity strategist Graham SeckerFormer chief credit officer at Fannie Mae Edward J. PintoBillionaire investor George Soros