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Just how bad was the GFC in comparison with other financial crises
Just how bad was the GFC in comparison with other financial crises? Kenneth Rogoff and Carmen Reinhart have put together a Severity Index calculating the 100 worst banking crises since the 1850's. The results are surprising and show just how bad it's been for many countries + how long it's going to take for them to regain output levels. (VIEW LINK)
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Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
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