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Bear

Ten years on from the 2008 financial crisis - it is all about the show rather than the reality

By David Scott | Thursday 10 August 2017


 


Yesterday was the tenth anniversary of the start of the Great Financial Crisis, the banking implosion that changed the world as it did the way we think about economics, finance and money. Have we learned the right lessons from this earthquake, such that we can prevent variant forms of it happening again, and if we can’t prevent them, are we at least better equipped to mitigate their crippling costs? On both counts, I sadly say a resounding no.

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