The Aftermath

[Cyberman]

http://www.economics.harvard.edu/fac.../Aftermath.pdf
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Interesting !!

[sasguru]

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Try not to quote him, its bound to be crap.

[BrilloPad]

This message is hidden because Cyberman is on your ignore list.



Try not to quote him, its bound to be crap.

It is from Harvard! But not very insightfull. 13 pages of pdf : here is an extract from the concluding remarks :-

"An examination of the aftermath of severe financial crises shows deep and lasting effects on asset prices, output and employment. Unemployment rises and housing price declines extend out for five and six years, respectively."

And in another report from Harvard Bears poo in the woods.

[Doggy Styles]

It is from Harvard! But not very insightfull. 13 pages of pdf : here is an extract from the concluding remarks :-

"An examination of the aftermath of severe financial crises shows deep and lasting effects on asset prices, output and employment. Unemployment rises and housing price declines extend out for five and six years, respectively."

And in another report from Harvard Bears poo in the woods.

Indeed.

So much for the "gentle correction" that all the pundits were predicting up to a couple of years ago.

[BrilloPad]

Indeed.

So much for the "gentle correction" that all the pundits were predicting up to a couple of years ago.

And even up until 15th September 2008! So much changed on that one day.