Every Man and His Dog
It has already started. Stories about financial crashes and credit crunches. You see, the 10th Anniversary of the Great Financial Crisis is upon us this month.
Lehman Brothers collapse was the start of the Credit Crunch, the Stock Market Crash and the Quantitive Easing that ensued. So be prepared for article after article and wall to wall expert commentary focussing on what went wrong 10 years ago. But be prepared for the inevitable doom-mongers stating that 10 years on, it’s about to happen again.
I had to laugh when I heard Gordon Brown’s recent comments that the “End is nigh!”. Strange really, the meltdown happened on his watch and he didn’t see it coming back then when it was his job. I remember him saying the days of boom and bust are over prior to the biggest bust in living history. Continue reading “(Un-)Happy Anniversary”