“Viewed from a distance, or through the eye of the All-Knowing CEO of the Universe, the crash of 2008 followed the usual pattern. A long-lived boom driven by cheap credit, going back as far as 1982 (though subject to interruptions in the mid-1980s and 1990s, and in 2001), came to grief because of a rise in the cost of borrowing money.”
Quote by James Buchan
Author
James Buchan
James Buchan is a Scottish novelist known for his historical novels and biographies. His works are often set against the backdrop of Scottish history, delving into the intertwining of individual fates with the ebb and flow of the times. more
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