News, British minister says crisis worst for 100 years. (Brown, downturn, school) - Politics and Other Controversies -Democrats, Republicans, Libertarians, Conservatives, Liberals, Third Parties, Left-Wing, Right-Wing, Congress, President - City-Data Forum

JD59 · 02-10-2009, 01:02 AM

A British minister has warned the current economic downturn will be worse than the Great Depression, reports said.

Schools Secretary Ed Balls, a close ally of Prime Minister Gordon Brown, told a conference at the weekend that the crisis was the most serious global recession for "over 100 years," according to the Yorkshire Post newspaper.

British minister says crisis worst for 100 years

ovcatto · 02-10-2009, 01:06 AM

Oh, he's just a fear monger!