Mitigating the double dip fears

There are concerns the global financial crisis could end up as a double dipping recession – with the second dip fast approaching.

The concern is based on the increasing likelihood that Greece will default on its debt payments.

This is impacting on share markets and confidence around the world.

Watch this week's market video update with IRG BOP's Jonathan for all the latest.

1 comment

DOUBLE DIPPERS

Posted on 29-10-2011 14:01 | By ANNA KISSED

Really that means the banks, taking a fair margin then adding a bit more on for good measure, just becasue they want to and who is there to stop them, the directors are all in Australia, so NZ is just a place to "make money" nevermind the consequences.


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