ROSENBERG: A myth is circulating Wall Street about the next financial crisis — and it reveals unlearned lessons from the latest one
Screenshot via Bloomberg TV
- This week marks the 10th anniversary of the collapse of Bear Stearns, which proved to be the first domino of the banking system that fell.
- Economists aren't sounding the alarm for another implosion of the global financial system.
- But in David Rosenberg's view, belief that financial risks are low is a "myth."
The worst financial crisis in modern history claimed its first victim during this week a decade ago.
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