contagion
What is...
Before 1997, the term contagion almost always referred to the spread of a medical disease.
That changed in July of that year when a currency crisis in Thailand spread through East Asia, on to Russia and Brazil and ultimately led to the collapse of Long-Term Capital Management, a prominent US hedge fund.
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Four more tips for credit cards
Can credit cards encourage impulse shopping? Research suggests they might.
See four tips on how to keep credit card use under control.
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How much do you think people spend on their weddings?
The sum a stranger splashes on the confetti, cake and other special touches for their big day might not seem very relevant to you. But newspaper reports and talk around the office water cooler of lavish champagne receptions,…
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