credit crunch

The Next Credit Crunch: Are We Closer to the Next One Than the Last?

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The Next Credit Crunch: Are We Closer to the Next One Than the Last? Back in 2008, the global economy ground to a halt thanks to a housing market crisis. The original credit crunch came in two brutal phases: Phase One: Wall Street Meltdown Wall Street financial institutions had been packaging mortgages into new financial … Read more

Greensill P2 | Credit Crunch economics

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The Greensill scandal isn’t going away with further revelations about lobbying and inquiries. There are still some big questions that stick in my mind; What was Greensill’s actual business? How did they plan to make money? Warning: Contains full frontal accountancy Greensill liked to describe themselves as a fin-tech company, but their business model was … Read more