Another Recession Could Be on the Way, Warns Cameron

Another Recession Could Be on the Way, Warns Cameron

The world may be headed for another recession just six years after barely coming out of the last one. That is according to British Prime Minister David Cameron. In an article, he wrote for the Guardian newspaper Mr Cameron warned that "red warning lights were flashing on the dashboard of the global economy in a manner similar to the financial crash that happened in 2008." His warning comes in the wake of remarks made by the governor of the Bank of England, Mark Carney, who claimed that stagnation was affecting Europe's prospects for economic recovery. His observations would seem to echo....


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