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Ten Years After the Crash, We’ve Learned Nothing The great financial catastrophe of our times is still badly misunderstood, and led to grotesque consequences, including the election of Donald Trump
Ten Years After the Crash, We’ve Learned Nothing. Guest Post by Matt Taibbi. Ten years ago, on Saturday, September 13th, 2008, the world was about to end. The New York Federal Reserve was a zoo. Imagine NASA headquarters on the day a giant asteroid careens into the atmosphere.
A photo from shortly after the crash shows a mangled. “It just makes me angry that after what we’ve gone through in the.
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Ten Years After the Crash, We’ve Learned Nothing The great financial catastrophe of our times is still badly misunderstood, despite its grotesque consequences. by Matt Taibbi via Rolling Stone on September 13, 2018
Ten years after Lehmans, it’s as if we’ve learned nothing from the crash News International 05.09.2018 The Guardian The Lehman Brothers company sign for auction after bankruptcy at Christie’s in London, October 2010
Ten Years After the Crash, We’ve Learned Nothing (Paul D.) It was even implied that the meltdown was due in part to irrational panic, "hysteria," a fear of fear itself. When lehman brothers failed, the theory held, investors overreacted by freezing all lending, causing more disruptions and more losses.