Ten years on from the 2008 financial crisis

Don't believe the excuses: plenty of people saw the 2008 crisis coming

Raghuram Rajan © Getty images

The received wisdom today is that nobody saw the 2008 crisis coming. But that’s just not true, says. John Stepek Lots of people saw it coming, and said so at the time.

MoneyWeek saw the financial crisis coming

The Queen © Getty images

Many people still think no one foresaw the financial crisis, says Merryn Somerset Webb. And that’s just as the big banks would have it.

Why the best response to the financial crisis would have been a recession

John McDonnell © Getty Images

The authorities’ response to the 2008 financial crisis may have ended up neutering capitalism – the greatest poverty destroying system ever.

The charts that matter: Happy Lehman Brothers Day!

Ten years ago today, the financial crisis exploded onto the front pages. John Stepek looks at the charts that matter to find out what, if anything, has changed since then.

Ten years on: why did Lehman Brothers go bust?

Lehman Brothers © Getty Images

John Stepek examines why investment bank Lehman Brothers went bust ten years ago and asks: should it have been saved, and would things have been any different if it had?

Our progress since 2008? Ten years older, and deeper in debt

A decade on from the collapse of Lehman Brothers, it doesn’t look like we’ve learnt any of the lessons of the credit crunch. But the next crisis won’t look the same as the last one, says John Stepek.

Ten years on: was it right to bail out the banks?

Protest against bank bailouts © Getty Images

During the 2008 financial crisis, taxpayers had no choice but to underwrite the entire banking industry. And we’re still doing it, says John Stepek.

Ten years on: what’s changed? Are the banks less dangerous now?

RBS © Getty Images

Ten years ago, the banks brought the global financial system to its knees. John Stepek looks at what lessons – if any – have been learned since then.

Ten years on: the biggest driver of the 2008 financial crisis has only got worse

Former Lehman Brothers CEO Dick Fuld © Getty Images

The 2008 financial crisis was a result of “moral hazard” – individuals did not bear the full consequences of their actions. Nothing much has changed since then, says John Stepek.


History's worst market crashes

Here’s what happened the last time the bond market crashed

Alan Greenspan © Getty Images

John Stepek looks back to the “great bond massacre” of 1994 to find out what we can learn about today’s bond bubble.

The Great Depression: what are the parallels between now and then?

Unemployed men, 1930s © Getty Images

Some observers believe the global economy resembles that of the late 1930s, and we risk another Great Depression. But there are clear differences between then and now, argues John Stepek.

How Britain avoided the worst of the Great Depression

1930s hunger march © Getty Images

For Britain, the Great Depression really wasn’t especially great, or particularly depressing. John Stepek explains why.