Forex in Other Countries

The rapidity with which the crisis happened has prompted Japan and other countries' Central Banks to compare it to a classic bank run prompted by a sudden risk shock. Germany points to strict monetary and fiscal policies implemented by the governments in the wake of the crisis, while Canadarole of asymmetric information in the financial markets that led to a "herd mentality" among investors that magnified a relatively small risk in the real economy. The crisis has thus attracted interest from economists interested in market psychology.