Mmastodon BusinessBanking first seen 13 h ago, last 12 h ago, peak #5

Warnings grow that markets echo pre-2008 conditions

Original: We could be sleepwalking into a repeat of the 2008 financial crisis Many of the same signs that might have predicted the

Commentators warn that several conditions preceding the 2008 financial crisis have re-emerged, including broad deregulation, weak underwriting standards and opaque new financial products. The argument is that regulators and investors may be ignoring lessons from the last crisis, leaving the banking system exposed to a similar shock. The comparison is drawing attention among readers tracking financial stability.

Why now: Concerns about deregulation and risky lending practices are reviving memories of the 2008 crisis.

2008 financial crisisUS financial regulatorsbanking sector

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Evidence

• We could be sleepwalking into a repeat of the 2008 financial crisis Many of the same signs that might have predicted the financial crisis nearly two decades ago are back, including sweeping deregulation, lax underwriting standards and opaque new financial products. https://www.… · AlexJimenez@mas.to · 1

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