Sveriges Riksbank/Riksbanken - Ingves: Can the authorities manage crises in the financial system?:
DATE13/03/2008
SPEAKERGovernor Stefan Ingves
PLACE Swedish Economics Association, Stockholm
I’m sure that no one here has failed to notice the fact that there has periodically been turmoil in the financial markets since last summer. It is scarcely remarkable or unusual that the financial markets experience upswings and downswings. And there are almost always some countries in the world experiencing problems in their financial sector. We have become used to this being a fact of life.