MarketPinch offers reviews and short commentary on books and articles on economics, market trends and stocks.

Monday, January 9, 2012

Study Financial History

A recent article in the Financial Times reminds readers why financial professionals need to remember that 'this time it is different' is wishful thinking than reality. Financial history shows that excess liquidity, psychology and regulatory failure causes risk to be mispriced, bubbles to develop and crises to break. Link : ‘Financial amnesia’ a factor behind crisis

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