leverage

Lachlan Hughes

Originally published in 1955, The Great Crash 1929, provides a timeless reminder of the economic consequences of financial speculation, excess leverage, and herding. Many parallels can be drawn between The Great Crash of 1929 and the Global Financial Crisis of 2008. There are moments in this book where you may... Show More

Livewire News

Following Ray Dalio's video on his understanding of the economy, Business Insider has compared the deleveraging of Europe and the US which has occurred since the GFC. The chart shows that deleveraging in the US has brought the Debt/GDP ratio down below 350%, whilst Europe's ratio remains stubbornly high. The... Show More