The Real Cost of the 2008 Financial Crisis

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The aftermath produced a lost decade for European economies and helped lead to the rise of anti-establishment political movements here and abroad.

  • John Cassidy
  • The New Yorker
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Stor 4dSeptember 15th marks the tenth anniversary of the demise of the investment bank Lehman Brothers, which presaged the biggest financial crisis and deepest economic recession since the nineteen-thirties.
After Lehman filed for bankruptcy, and great swaths of the markets froze, it looked as if…

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