What is a Traumatic Experience? A traumatic experience is an event in which an individual experiences, or witnesses an actual or threatened serious injury or death. The threat or actual occurrence may be to oneself or others. It is quite normal for people to experience emotional and physical after-shocks or stress reactions following a traumatic event.
Lilli Day | E+ | Getty Image Five years after U.S. investment bank Lehman Brothers collapsed, triggering a global financial crisis and shattering confidence worldwide, families in major countries around the world are still hunkered down, too spooked and distrustful to take chances with their money.
From Yahoo News: NEW YORK (AP) - Five years after U.S. investment bank Lehman Brothers collapsed, triggering a global financial crisis and shattering confidence worldwide, families in major countries around the world are still hunkered down, too spooked and distrustful to take chances with their money.
With the U.S. economy yielding firmer data, some researchers are beginning to argue that recoveries from financial crises might not be as different from the aftermath of conventional recessions as our analysis suggests. Their case is unconvincing.
