The document discusses the increasing frequency of financial crises since the Dutch Tulip Crisis in 1637, highlighting globalization and international finance as key factors. It examines periods of concentrated global crises, particularly between WWI and WWII, and post-1971 after the collapse of the Bretton Woods system, noting the rise in government debt during these times.
doj/DataSet10/EFTA01384462.pdf
{"title":"Long-Term Asset Return Study: The Next Financial Crisis","document_date":"2017-09-18","document_type":"financial","key_organizations":["Deutsche Bank"]}