Lehman's collapse: The political fallout continues 10 years on

A decade ago, US financial services giant Lehman Brothers collapsed. That event triggered the landslide that became the most severe global financial crisis since the 1930s. Draw a line from that moment - Sept 15, 2008 - to all that came next.

The US financial crisis triggered a global recession and a European sovereign debt crisis severe enough to call the very survival of the euro zone into question. It also persuaded China's leaders that economic reform could no longer wait.

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A version of this article appeared in the print edition of The Straits Times on September 07, 2018, with the headline 'Lehman's collapse: The political fallout continues 10 years on'. Print Edition | Subscribe