Market conditions are very different compared with the financial crisis of 2008.
Sourced through Scoop.it from: uk.businessinsider.com
The naivety in this article is astounding! The toxic debt within the banking system is at a level greater than it was in 2007/2008. There appears to be no appreciation that the global economy is in the thrall of a perfect storm – structural deficiencies in the banking sysytem, market manipulations, legislation which merely tinker at the edges, schemes designed to help buyers onto the property market which are massively flawed, extended QE, etc. What goes up continues to go up, eh?! If you bury your head in the sand, you’re liable to get your butt kicked!