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The Era of Uncertainty

Chia sẻ: Nguyen Bao Tran | Ngày: | Loại File: PDF | Số trang:254

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The Era of Uncertainty

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The recent credit crisis in the United States ushered in a new era of uncertainty. In some ways it was just another bubble in a long line of fi nancial manias. Like any other bubble, it was born out of an extended period of easy money that fueled prosperity, engendered speculation, and ended in a spectacular crash. In some very important ways, however, the lingering impacts are different than the bubbles of recent memory.

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