Another Economic Crash is Coming. How Did This Happen?



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David Cameron says a second financial crash is imminent. If he's right, it's because the government bailed out the wrong industry, argues Renegade Economist host Ross Ashcroft. He says the last recession was brought on by too much debt. Today private debt is at the greatest level in recorded human history. By ignoring this and instead focusing on the banks, we are heading for economic armageddon. February 06, 2015 See also - World heading for financial crisis worse than in 2008 — China’s Dagong rating agency head : A setback in the growth model focused on credit-based consumption may become a source of a new crisis