For older generations, the assassination of US president John F Kennedy was a seminal moment, one that prompted the question: “Where were you when JFK was shot?” For our generation, the questions we are likely to face in the future might well be: “Where were we when we realized that the UK property market (and those of numerous other countries) was a bubble or that it was going to go tits-up for many hedge funds?”
December 18, 2008
