3 ms·
There are reasons to expect another such event again. First, those kind of shocks are not necessarily isolated, can happen in clusters. Second, the fundamental
by SkyMarshal 8y ago
There are reasons to expect another such event again. First, those kind of shocks are not necessarily isolated, can happen in clusters. Second, the fundamental problems of 2008 were never fully solved, just transferred to govt/Fed balance sheets and pushed forward in time. It’s worth stress testing your current endeavors against a repeat.