One: books about how
the financial crash happened and why (Making it Happen, The Alchemists, The Unwinding, The Billionaire's Apprentice, After the Music Stopped) and two: books about the business and culture of technology (The Everything Store, Smarter Than You Think, as well as Hatching Twitter, by Nick Bilton and Dogfight: How Apple and Google Went to War and Started a Revolution, by Fred Vogelstein.)
Because
the financial crash happened under a Labour government, the false narrative that it was caused by «overspending» was also able to take hold.
The financial crash happened because too much money was chasing too few assets — financial assets or real assets such as real estate.
Then the global
financial crash happened and shit got real.
Not exact matches
Poloz's press conference followed the release of the central bank's December
Financial System Review, which concluded that a record household debt burden makes Canada vulnerable to a housing
crash, although policy makers see little reason to think that will
happen.
Margin debt, the money that investors borrow to buy stocks, had reached new highs (the last two times that
happened were just ahead of the dot - com
crash and the 2008
financial crisis).
Hollywood actor Matt Damon sets out director Charles Ferguson's argument as to why the
crash happened, and why the blame lies squarely with the risk culture and unregulated reign of the
financial sector.
Because Labour
happened to be in government when the
financial crash hit, the Tories were able to effectively blame the crisis on the main point of difference between the parties: Labour's higher spending on the welfare state.
2) The
financial crash of 2008
happened under New Labour's watch.
It's as if the
financial crash of 2008 never
happened.
The film tackles the build - up of the housing and credit bubble during the 2000s and failures of the
financial district which lead the market to
crash, which serves a gut punch to all the experts who allowed it to
happen.
While we can only hope the the credit crunch,
financial markets
crash, recession, and near depression of 2008 and 2009, is an aberation and not the new normal, it is instructive to look at a few data points to see what
happened to the apparent asset allocation percentages at certain points during this crisis.
Brain injuries can
happen in any type of accident, from car
crashes and truck collisions to construction accidents and other types of work accidents, but when another person is to blame, the injured person has a right to demand
financial compensation.
When a collision
happens in the Chicago area and one of the motorists is drunk or impaired, victims of that
crash may be entitled to
financial compensation for their damages, including any medical expenses they incur for treatment.
Financial crises and
crashes happen, but the stock market is still one of the best ways to grow your wealth.