Crises and market history
What markets have already been through, which mechanisms repeat, and which episodes were genuinely one of a kind.
2 articles
Crises of the Russian market: how they differed1998, 2008, 2014, 2022 — four episodes with different causes and different consequences for a private investor.
The 2008 crisis: how one segment's problem became the world'sLow-quality mortgages packaged into highly rated securities, and the chain along which the loss spread through the whole system.