Five Years After Financial Crisis, System Still Fragile
Monday, 09 September 2013 | by Pat's Picks
Five years later, USA Today takes a look back at the financial crisis and asks, could it happen again? Experts say what happened in 2008 happened so quickly that world and financial leaders weren’t able to look five years into the future—they were essentially performing triage. And some now worry that the measures that were taken won’t stand the test of time. Experts say too big to fail banks are still a concern as is the increasingly interconnected financial market. Some say the next crisis won’t be contain to just Europe and the U.S. but will likely spread to India, China and Brazil.
SOURCE: USA Today