Back in 2002 financial pundits were warning that a war in Iraq would cause a global economic downturn and cause a recession.
With oil prices and all time high and the price at the pumps pushing up other costs, I say they were 100% correct.
The recession that is starting/started is all our own governments fault. They need to admit this, step down and stop blaming some ‘Universal Economic Cycle’ that would have happened regardless…
http://news.bbc.co.uk/1/hi/business/2240551.stm
http://www.google.co.uk/search?hl=en&q=war+in+iraq+caused+resession&btnG=Google+Search&meta=
