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Unemployment May Cause Loan Defaults in US: Zoellick

Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession, World Bank President Robert Zoellick said Wednesday.

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Unemployment May Cause Loan Defaults in US: Zoellick

This entry was posted on Wednesday, November 11th, 2009 at 2:09 am and is filed under Forex. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Unemployment May Cause Loan Defaults in US: Zoellick”

  1. I just wanted to let you know that your post has hit a chord with me. We can’t seem to get out from under our debt. We are now looking to consolidate our credit card debt into a single loan. But we don’t really know where to start.

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