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They've got multiple crises going on: industrial and human relations.
"We were really lucky that there weren't any major crises going on at the time".
A new study of financial crises going back to 1870 shows that they make for unusually nasty recessions.
Ticking off crises going back to the Spanish Civil War in his youth, he said, "this is different.
Searching for historical precedents, Bridgewater put together detailed histories of previous credit crises, going back to Weimar Germany.
IN 2009, Carmen Reinhart and Kenneth Rogoff published This Time is Different, an empirical study of financial crises going back to the Middle Ages.
Similar(42)
CRISES come and crises go, but merger waves seem to go on forever.
The list of potential crises goes on.
As crises go, this one is probably manageable.
"As sort of life crises go, this is low on the totem pole.
And as crises go, the Greek one has been manageable.
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