Cambridge Judge Business School Discussions on Finance

Lessons from history

06.15.2010 - By Cambridge UniversityPlay

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Could the current financial crisis have been predicted from historians knowledge of past down turns and depressions globally? Dr David Chambers, who is Deputy Director of the Master of Finance Programme at Judge Business School and a University Lecturer in Finance thinks so. It appears that from looking closely to what happened in the crash of the 1930s Dr Chamber's has a good grasp of how long it may take us to get out of the current financial difficulties. Structural problems, he says, need to be faced up to before a recovery is likely, and there could well be a few false dawns along that road to recovery.

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