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Populists have jumped on the chance to capitalize on disillusionment and lead a movement for isolationism. How far will this go, Michel Longhini asks in his essay for finews.first.
finews.first is a forum for renowned authors specialized on economic and financial topics. The texts are published in both German and English. The publishers of finews.com are responsible for the selection.
This autumn will mark the tenth anniversary of the most spectacular bankruptcy of all times. On 15 September, 2008, banking heavyweight Lehman Brothers, knocked sideways by the bursting of the sub-prime mortgage bubble a year earlier, declared itself insolvent with $613 billion worth of debt.
This whipped up a storm that raged through Wall…
Read the full article at: https://www.finews.asia/finance/27464-finews-first-michel-longhini-financial-crisis-usa-ten-year-ago