4 ms·
> 2008 and the ensuing recession happened because of an actual event (Lehman) and a credit crisis. I'd say those are 1 in your model. Yes, and also 2. Without
by ta1234567890 7y ago
> 2008 and the ensuing recession happened because of an actual event (Lehman) and a credit crisis. I'd say those are 1 in your model.
Yes, and also 2. Without panick and a lot of intensive short selling, Lehman wouldn't have happened.