When investment bank Lehman Brothers collapsed on Sept 15, 2008, Dr Axel Weber - then the president of Germany's central bank and a member of the governing council of the European Central Bank - had a helicopter-view of the mayhem that followed, in the form of the worst global recession since the 1930s.
"There was huge uncertainty as to how we would navigate a difficult environment," he recalls over coffee on the sidelines of the Singapore Summit last Saturday, which was 10 years after the Lehman collapse, to the day.
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