Tag Archives for coming crisis

The problem with treating a financial network like a financial market

Ten years after the financial crisis, the risks associated with securitisation are yet to be fully appreciated It is almost precisely ten years since BNP Paribas froze three investment funds linked to subprime securities, marking the start of one of the most significant financial crises and deepest recessions of our time. At the centre of this crisis was an obscure … Continue reading

23 August 2017 by
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