2 ms·
My father was telling me stories of the Swine Flu outbreak in 1957. It sounds very similar - he was in boarding school, unable to be sent home, and there were a
by marcus_holmes 7y ago
My father was telling me stories of the Swine Flu outbreak in 1957. It sounds very similar - he was in boarding school, unable to be sent home, and there were a couple of dozen schoolboys and staff nursing everyone else for a few weeks.
3 years later it was the "swinging 60's" and the economy boomed.
I think the difference between then and now is the "sophistication" of the financial markets, and how intertwined they are with government. "Too big to fail" didn't work last time, will some heads actually roll this time?