Not many would have thought that the global financial crisis stemming from the sub-prime debacle in the US would have spawned such a massive degree of global contagion, the impact of which is being felt to this day. Indeed, it is evident that global markets have had to face crisis after crisis since the sub-prime saga began. It is equally evident that the chances of returning to the definition of normality that we knew prior to the crisis are extremely slim. Fast forward to now and one could be forgiven for thinking that markets are still in the midst of crisis. The stark reality is that,...
Not many would have thought that the global financial crisis stemming from the sub-prime debacle in the US would have spawned such a massive degree of...