Six years after Lehman Brothers collapse, the world remains fragile

  • Ravi Krishnan and Pramit Bhattacharya (LiveMint), Mumbai
  • Updated: Sep 15, 2014 09:37 IST

Six years have passed since the collapse of Lehman Brothers Holdings Inc on 15 September 2008 but rising asset prices in recent times would have us believe that world economy has moved on.

However, the pick-up in real economic activity has been painfully slow, there is a huge debt pile-up in government balance sheets, while the private sector’s deleveraging record has been mixed.

Sx charts try to answer the big question: Whether the world is headed for another bubble on the back of rising financial exuberance.

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