Opinion | Is there any anniversary effect of the 2008 crisis4 min read . Updated: 11 Sep 2018, 10:47 PM IST
Despite the incomplete mitigation of the causes behind the global financial crisis, in all likelihood the next crisis would be of a different genre
Psychologists often talk about the “anniversary effect" whereby a set of unsettling thoughts tend to occur on the anniversary of a significant experience/event. Now that a decade has passed since the Lehman Brothers filed for Chapter 11 bankruptcy protection on 15 September 2008, a key question is whether we are suffering from such an anniversary syndrome. This is important. After all, we often use the term “tectonic shifts" in describing the happenings of a day that happened a decade ago and forget everything the very next day.
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