Systemic risk was the real culprit in the 2008 financial crisis and, with banks continuing to borrow huge amounts, the dangers are still there Why did nobody see it coming? Queen Elizabeth famously asked this question when visiting the London School of Economics in 2008. Along with Allan McConnell at the University of Sydney, I’ve been thinking about the best … Continue reading →
10 December 2013 by Andrew Hindmoor
Categories: British growth crisis, Finance, SPERI Comment
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Tags: Alan Greenspan, Allan McConnell, Andy Haldane, Bank of England, Banking, Barclays, Ben Bernanke, finance, John Gieve, Journal of Public Policy. London School of Economics, JP Morgan, Mark Carney, Political Studies, Queen Elizabeth, subprime, The Map and the Territory, University of Sydney
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1 comment
Why did nobody see ‘it’ coming? And what is ‘it’?
Systemic risk was the real culprit in the 2008 financial crisis and, with banks continuing to borrow huge amounts, the dangers are still there Why did nobody see it coming? Queen Elizabeth famously asked this question when visiting the London School of Economics in 2008. Along with Allan McConnell at the University of Sydney, I’ve been thinking about the best … Continue reading →
10 December 2013 by Andrew Hindmoor
Categories: British growth crisis, Finance, SPERI Comment | Tags: Alan Greenspan, Allan McConnell, Andy Haldane, Bank of England, Banking, Barclays, Ben Bernanke, finance, John Gieve, Journal of Public Policy. London School of Economics, JP Morgan, Mark Carney, Political Studies, Queen Elizabeth, subprime, The Map and the Territory, University of Sydney | 1 comment