Have you got any idea about the credit crunch?
By Joey_winner
@Joey_winner (46)
China
April 14, 2008 1:28am CST
America's fifth-largest investment band,Bear Stearns,became the biggest victim of the credit crunch so far.It has been sold to rival,JP Morgan Chase at a very low price.The news caused the global market to tumble .Here are some questions:
Why is there panic in financial markets?
How does it affect tht rest of world?
Will any of this affect you?
No responses
