The UK had faced a continued slump in growth since the 2008 Global Financial Crisis, and the period of controlled inflation and lower costs of borrowing ended at the start of 2022. This incited the set of policies as well as the ideas and drivers underpinning them, which were then dubbed “trussonomics.”
Continue readingDoes “Too Big To Fail” Work in 2022? A Deep-dive
In layman’s language, this article discusses the too-big-to-fail phenomenon, the subprime crisis of 2008, Lehman Brothers bankruptcy, AIG’s bailout, Credit Default Swaps, and the current Credit Suisse situation.
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