Business

Lehman and the end of the love affair with financialisation

By TAN SRI ANDREW SHENG

THE failure of Lehman Brothers on Sept 15, 2008 marked the beginning of the end of the world’s love affair with financialisation.

Financialisation was one of three mega-trends that swept the world in the last 30 years – the others being free markets and globalisation.

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Business , Andrew Sheng , finance , globalisation , reform , assets , debt

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