Shooting the rapids - What happens if financial turmoil capsizes the global economy?
Economist Intelligence Unit
When the US Federal Reserve rescued Bear Stearns, an investment bank, in March it elevated the subprime mortgage meltdown to historic levels, alongside the 1987 Black Monday stock market crash, the 1992 attack on the British pound, Mexico’s 1994 “tequila” crisis and 1997-8’s triple whammy—Thailand’s currency devaluation,...Please log in to view the full thought leadership. If you haven't registered yet, you'll need to do so and must be a client (rather than a consultant) to view this content. Registration is free and only takes a minute.
