could the reduction in pension saivng helped to start the credit crunch

Discussion in 'Economics' started by morganist, Sep 24, 2008.

  1. morganist

    morganist Guest

    when pension saving reduced (private and occupational) the amount of investment would have fallen. could some of the false debt have been generated as a result of less pension saving providing less solid loanable funds and the need for what you call crappy debt (credit derivatives).