Abstract
The monetary policies on both sides of the Atlantic leading up to the global credit bubble (2003–7) and accompanying its burst (spring 2007 onwards) may not have fully satisfied the definition of catastrophic. But how far short they were of that benchmark and the definition itself will doubtless long remain a matter of heated historical debate.
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© 2012 Brendan Brown
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Brown, B. (2012). The Bursting of the Bubble. In: Euro Crash. Palgrave Macmillan, London. https://doi.org/10.1057/9780230369191_4
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DOI: https://doi.org/10.1057/9780230369191_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-230-36849-1
Online ISBN: 978-0-230-36919-1
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