[7:52am ET] I have yet to hear a logical explanation as to when the financial system crisis will be over, and why. But the more I read leads me to believe it could take a couple years.
The IMF, which is doing research in this area, has published an extensive paper called the Global Financial Stability Report. Here is the link to Chapter 1:
The IMF website contains the links to all chapters:
IMF summarizes their report’s opening chapter as follows:
Systemic risks remain high and the adverse feedback loop between the financial system and the real economy has yet to be arrested, despite the wide range of policy actions and some limited improvement in market functioning. Further effective government action
Like to give your opinion? Join our Community Discussion