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Decade on, lessons still from 2008 crisis

The Bank for International Settlements was one of the few institutions to accurately predict the 2008 financial crisis and is very concerned policymakers are making the same mistakes today.


ON Thursday, August 9, it will be ten years since a panic freeze in banking liquidity paved the way to the 2008 financial crash.

The events before, during and after that period are a lesson to those who ignore signs of financial excess. The tenth anniversary of the liquidity...

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