Tags » Financial Crises

Nine Economic Lessons From 2016

Had there been no financial crisis in 2007/08 with all the consequences that came with it, the economic outcomes—and, therefore, political history—of the last eight years would have been markedly different. 35 more words

United States

Seasons in Life and Recovery

For writers and “recoverers,” I’m sharing some beautiful writing by Laura McKowen about her life journey and journey of recovery from alcohol addiction.  I love that she touches on loneliness, something I can relate to very much in my own life and feel shame about, and mental health and financial crises.  149 more words


South Africa is an upper-middle-income country

While various positions are advanced, there is broad agreement that poverty exists on a vast scale, that it is closely correlated with race and that, by many indicators, the situation has deteriorated since the transition to democracy. 168 more words


Lessons from 'Too Big to Fail' in the 1980s

Can a bank run be stopped? Government guarantees and the run on Continental Illinois

Mark A Carlson (Bank for International Settlements) and Jonathan Rose (Board of Governors of the Federal Reserve) 1,084 more words

Business History

"Ahistorical": Trump And Clinton Are Telling Two Radically Different Stories About The Economy. Only One Is Based In Reality

In this weekend’s New York Times Magazine, there’s an interview with President Obama in which he assesses his economic legacy, and as you might expect, he has a complicated view of things. 1,135 more words


Rand slumps as Zuma survives vote

The rand tumble 2.3 per cent – the most among any major emerging market currencies – to 15.12 per dollar on Tuesday amid concerns that efforts to oust Mr Zuma will continue, potentially distracting policymakers from turning around the country’s flagging economy. 176 more words


Is my money safe in a South African Bank?

It feels so far-fetched to imagine working so very hard to put savings away in prudence – only to go to your Bank to find out that they have gone bust or that a minimum withdrawal is allowed. 538 more words