The Lessons From the 2008 Financial Crisis Can Apply To 2021
We are now nearly a year and a half into the pandemic. About 18 months into the 2008 crisis- say, by the middle of 2009- U.S. unemployment was climbing to its highest numbers in decades, the stock market was struggling back from one of its worst collapses in history, and housing foreclosures were spiraling to their worst levels ever. By contrast, with half the population…
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