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Credit crunch cost: $17.5 trillion so far

bloggingstocks.com » 2008 » September » 9th » Credit crunch cost: $17.5 trillion so far

Tagged: inthenews, credit crunch, creditcrunch

Filed under: Market matters Bloomberg News reports that since the credit crunch began to push global markets down from their October 2007 peak, investors have lost $17.5 trillion in value. That's almost three times the $6 trillion in lost value following the collapse of the dot-com bubble in 2000. Bloomberg developed its calculation by measuring the drop in the MSCI World index. It writes, "More … Continue Reading »

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