Don’t blame the bankers … blame the governments. Photo: AFP
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

Lehman crash, 10 years on: nearly all you read will be wrong

Bankers did not cause the 2008 financial crisis, governments did. And in failing to learn from their mistakes, they have made another crash inevitable

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Don’t blame the bankers … blame the governments. Photo: AFP
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Tom Holland

Tom Holland

Tom Holland is a former SCMP staffer who has been writing about Asian affairs for more than 25 years