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‘We are sleep walking into a crisis’ says former PM
FORMER Prime Minister Gordon Brown has warned the “leaderless” world is on the verge of economic collapse.

“We would have a blame-sharing exercise rather than solving the problem.”

The 2008 crisis was the worst financial period since the Great Depression following the stock market crash of 1929.

Huge investment bank Lehman Brothers filed for bankruptcy in September 2008, which played a major part in the unfolding of the 2008 global financial crisis.

Other financial institutions fell across the world – prompting desperate customers to form huge queues outside banks to grab their cash.

“We would have a blame-sharing exercise rather than solving the problem.”

 

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