World Bank president Robert Zoellick warns untamed U.S. unemployment could trigger loan defaults and drag on consumption, hobbling a nascent recovery. "You're going to have problems with delinquencies of credit card loans, consumer loans, people won't be able to pay their mortgages," he told reporters in Singapore. While Zoellick concedes government spending will fuel growth through the middle of 2010, he's worried what happens afterward.
World Bank president Robert Zoellick warns untamed U.S. unemployment could trigger loan defaults...
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs