The current economic situation shares a lot in common with the financial crisis that followed the 1929 Wall Street Crash. Central banks at that time had kept interest rates high to defend over-valued exchange rates, then stock values collapsed spectacularly in one month after a near decade long speculative boom
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.