But recently an economist friend reminded me of that last time that was the case: 2007,
the eve of the financial crisis that triggered the Great Recession.
Not exact matches
Vlieghe was addressing questions regarding recent comments from the Bank
of England's chief economist Andy Haldane likening the failure
of economists to predict the 2008
financial crisis to Michael Fish's weather forecast on the
eve of the Great Storm
of 1987.
By 2007, on the
eve of the global
financial crisis, these had all declined to between 2 and 2 1/2 %.
Globally, there's more outstanding debt as a percentage
of output today than there was on the
eve of the global
financial crisis.
J.C. Chandor's ensemble drama Margin Call is a thriller set mostly in an office building on the
eve of the 2008
financial crisis.
A portrait
of the
eve of 2008's
financial crisis that plays out with funereal inevitability, Margin Call loves speechifying, but the film is far more assured when lingering in the silence
of its morally compromised characters.