Publications
It’s not over yet: the implications of the credit crunch
29th October 2007 publication
2007 will go down in economic history as a roller-coaster – it’s not often that we see a global credit crunch which requires over half a trillion dollars to stabilise, and a run on a major London bank. The former occurs roughly every quarter of a century, the latter on a century scale – though there were no UK bank runs in the entire twentieth century.
- not_over_yet_291009.pdf (84.0 KB)
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