Tag Archives: credit crunch

Tracking The Credit Crunch Jobless Count

The credit crisis has been crunching companies and running up the unemployment figures in countries around the world. Just take a look at this list of huge layoffs to see for yourself.

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Epic Fail: February’s US Jobless Figures

Things aren’t getting any better for the economy any time soon, unless you happen to be in the business of selling wind turbines and solar panels. Brace yourselves this week: analysts are predicting the worst jobless figures in almost 60 years.

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Sad But Hilarious: AIG Need More Bailout Cash

What exactly did AIG ‘invest’ in? Monkeys? Bananas? Actually, probably not since they’d probably have actually been safer than what they did invest in. So after already getting two bailout cash injections, they need another. Where is this going to stop?

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Number Of Problem Banks In 2009: 252!

This is amazing. Shocking. Terrifying even. The US government’s updated list of ‘problem banks’ has risen to its highest since 1994, with some 252 financial institutions in difficulty. Unfortunately it looks like this credit crunch shows no sign of abating.

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