Collateral Damage Part 1: What The Crisis In The Credit Markets Means For Everyone Else

Given the dramatic events in the capital markets, everyone is wondering what will happen next - and what the implications are for the wider economy. This paper is structured into five chapters. The first three chapters explain some of the background to the crisis both in the capital markets and now in the broader economy the fourth chapter explores likely future economic scenarios and the challenges facing companies outside of the financial sector; the final chapter highlights some of the actions companies should be taking in order to respond to these challenges.