Commentary
In the last 25 years, three events have haunted us, and they all share an anniversary this week, yet most of our attention this week may be focused on the 22nd anniversary of 9/11. That’s understandable from one perspective, but financial crises also carry their own long-term toll – plus some valuable lessons – and this month marks their 15th and 25th and 150th anniversaries, so let’s look at railroads, real estate and the ruble: