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Liang, McConnell, Swagel: Eight lessons from the global financial crisis: (1) Prepare (at least ) for what is likely. brookings.edu/wp-content/upl… #FinCrisisLessons
Lesson 2: Prepare to be surprised.
Lesson 3: Communicate before during and after the crisis
Lesson 4: There will always be forces pushing against early intervention
Lesson 3: Communicate before during and after the crisis
Lesson 4: There will always be forces pushing against early intervention
Lesson 5: Late intervention limits the potential for good outcomes
Lesson 6: Late intervention may raise rather than lower potential for unintended consequences
Lesson 6: Late intervention may raise rather than lower potential for unintended consequences
