Can We Avoid Another Financial Crisis?

The Great Financial Crash had cataclysmic effects on the global economy, and took conventional economists completely by surprise. Many leading commentators declared shortly before the crisis that the magical recipe for eternal stability had been found. Less than a year later, the biggest economic crisis since the Great Depression erupted.

Marele prabusire financiara a avut efecte cataclismice asupra economiei globale si i-a luat complet prin surprindere pe economistii conventionali. Multi comentatori de frunte au declarat cu putin timp inainte de criza ca s-a gasit reteta magica pentru stabilitatea eterna.