An in-depth look at the state-owned sovereign wealth funds that dominate the attention of the world's financial markets
By Michael Heise, chief economist Allianz Group/Dresdner Bank
Friday, June 27, 2008
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I don’t think it’s a Great Depression, I don’t think it’s Armageddon but I think that it’s purely wishful thinking for people to be forecasting a sharp V-shaped recovery in the second half of the year
Billionaire investor Wilbur Ross reckons the financial crisis is far from over.