3 ms·
Surprising similarity to the 2008 crash in that there was systemic risk that wasn't detected or fully understood based on there being events that were entirely
by darkerside 4y ago
Surprising similarity to the 2008 crash in that there was systemic risk that wasn't detected or fully understood based on there being events that were entirely predictable (housing prices drop, or Fed rate increases) but happening at unpredictable rates of speed.