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BoC Review: Lessons from the financial crisis

Posted by mortgage 370 days ago (Editorial)
The latest quarterly Bank of Canada review is dedicated to lessons learned from the financial crisis, including the consequences of some of the extraordinary liquidity measures central banks had to take to keep their economies afloat
In the beginning there was only a financial crisis. When the US subprime mortgage market blew up in August 2007 few economists worried too much about the wider impact.

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