1. Is the Next Financial Crisis nigh? Third Avenue Could be the Event that Will Finally Explode the Post-Crisis Asset Bubble

    Is the Next Financial Crisis nigh? Third Avenue Could be the Event that Will Finally Explode the Post-Crisis Asset Bubble

    All the same, there is good reason to worry. As Carl Icahn, the US activist investor, has repeatedly pointed out, the parallels with 2007 are uncanny. Just as with mortgage-backed securities, there is virtually no liquidity left in corporate distressed ...

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