csbj.com
Hindsight: perhaps we really did live too well too long
The world crisis, which has seen the arcane financial system that underpinned a globalized economy disintegrate, is far from over. Think of the Panic of 1907, the Depression of the 1930s and the economic “dead zone” of the 1970s — events with repercussions that eventually affected all businesses, not just Wall Street.