Tags » Financial Crises

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

South Africa

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

South Africa

American Economic Policy, as told by Martin Feldstein at Harvard University: Lecture 10, Preventing and Responding to Financial Crises

“Good morning, our subject today is financial crises and policy responses. I’m going to focus mostly on the crisis of 2008, which seems like it has been going on forever.” 2,047 more words

American Economic Policy

In recent months there has been much talk about the economy, corruption and salary increases. However, I feel that we are only gazing at magicians at work. 291 more words

South Africa

Review of #TheBigShort including of the movie

About the only time the Hollywood Left oozes with patriotism is when getting stuck into Wall Street. Hollywood must get its revenge for all those times investors did not back their film pitches, trimmed budgets and get the lion’s share of merchandising royalties and syndication profits. 1,119 more words

Economic History