The world has not learned the lessons of the financial crisis
Banks are safer, but too much of what has gone wrong since 2008 could happen again
The state had no choice but to stand behind failing banks, but it took the ill-judged decision to all but abandon insolvent households.
Perhaps 9m Americans lost their homes in the recession
The Economist editorial 6 September 2018
The state had no choice but to stand behind failing banks, but it took the ill-judged decision to all but abandon insolvent households.
Perhaps 9m Americans lost their homes in the recession
The Economist editorial 6 September 2018
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