Student Panel Discussion on Global Financial Crisis: U.S. and Asian- Pacific Perspectives January 28, 2009 – 5:30 – 7:30 pm
Date: Jan 28 the 2009
Time: 5:30 - 7:30pm
Venue: 2019 MacAlister Hall.
The world economy is still reeling from the impacts of a severe financial meltdown. Hundreds of billions, if not trillions of dollars in capital value have been lost in stock markets. Inter- bank credit has frozen and the actual cost of borrowing has gone up significantly. Unemplayment has been rising and major economies of the world are in or close to ression. Is this the 'Great Depression' of the 21st centuary?