« Niall Ferguson: Solution to Debt Crisis Isn’t More Debt | Main | Gross Bank Foreign Assets/Liabilities, by Currency »
Latest Stories
- Your Moment of Zen Bullishness
- Your Moment of Zen Bullishness
- What is the Sound of D.E. Shaw Clapping?
- U.S. Savings Over Time, the Interactive Edition
- Consumer Spending Silliness
March 1, 2009
QOTD: BIS Quarterly Review
The new Bank of International Settlements quarterly review is out, and in a well-intentioned section on detecting incipient financial crises you can find this quote:
Historically, unusually strong increases in credit and asset prices have tended to precede banking crises.
Thanks guys.
Sphere It
| 
Digg it
| 
Bookmark it
| 
Stumble it
| 
Facebook it
