ArticleController :: show
Request
GET Parameters
None
POST Parameters
None
Uploaded Files
None
Request Attributes
Key | Value |
---|---|
_controller | "App\Controller\ArticleController::show" |
_firewall_context | "security.firewall.map.context.main" |
_links | Symfony\Component\WebLink\GenericLinkProvider {#3622 -links: [ 3743 => Symfony\Component\WebLink\Link {#3743 -href: "/build/runtime.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3741 => Symfony\Component\WebLink\Link {#3741 -href: "/build/644.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3740 => Symfony\Component\WebLink\Link {#3740 -href: "/build/502.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3739 => Symfony\Component\WebLink\Link {#3739 -href: "/build/app.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3738 => Symfony\Component\WebLink\Link {#3738 -href: "/build/view-more.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3737 => Symfony\Component\WebLink\Link {#3737 -href: "/build/term-condition.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3736 => Symfony\Component\WebLink\Link {#3736 -href: "/build/contact.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3735 => Symfony\Component\WebLink\Link {#3735 -href: "/build/scroll-infinite-article.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3734 => Symfony\Component\WebLink\Link {#3734 -href: "/build/app.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3733 => Symfony\Component\WebLink\Link {#3733 -href: "/build/cookie-style.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3732 => Symfony\Component\WebLink\Link {#3732 -href: "/build/term-condition-css.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3731 => Symfony\Component\WebLink\Link {#3731 -href: "/build/contact-css.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3730 => Symfony\Component\WebLink\Link {#3730 -href: "/build/comment-css.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } ] } |
_route | "article_show" |
_route_params | [ "category" => "companies" "slug" => "ten-years-of-global-financial-crisis-back-from-the-brink" ] |
_security_firewall_run | "_security_main" |
_stopwatch_token | "1ca5f0" |
category | "companies" |
slug | "ten-years-of-global-financial-crisis-back-from-the-brink" |
Request Headers
Header | Value |
---|---|
accept | "*/*" |
accept-encoding | "gzip, br, zstd, deflate" |
connection | "close" |
cookie | "PHPSESSID=3hubnhstfg7cnjbgkeu6epo6vi" |
host | "rct.dev.bbntimes.com" |
user-agent | "Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)" |
x-php-ob-level | "1" |
Request Content
Request content not available (it was retrieved as a resource).
Response
Response Headers
Header | Value |
---|---|
cache-control | "no-cache, private" |
content-type | "text/html; charset=UTF-8" |
date | "Mon, 04 Aug 2025 09:59:03 GMT" |
link | "</build/runtime.js>; rel="preload"; as="script",</build/644.js>; rel="preload"; as="script",</build/502.js>; rel="preload"; as="script",</build/app.js>; rel="preload"; as="script",</build/view-more.js>; rel="preload"; as="script",</build/term-condition.js>; rel="preload"; as="script",</build/contact.js>; rel="preload"; as="script",</build/scroll-infinite-article.js>; rel="preload"; as="script",</build/app.css>; rel="preload"; as="style",</build/cookie-style.css>; rel="preload"; as="style",</build/term-condition-css.css>; rel="preload"; as="style",</build/contact-css.css>; rel="preload"; as="style",</build/comment-css.css>; rel="preload"; as="style"" |
x-debug-token | "f5498d" |
Cookies
Request Cookies
Key | Value |
---|---|
PHPSESSID | "3hubnhstfg7cnjbgkeu6epo6vi" |
Response Cookies
No response cookies
Session 6
Session Metadata
Key | Value |
---|---|
Created | "Mon, 04 Aug 25 09:58:58 +0000" |
Last used | "Mon, 04 Aug 25 09:59:01 +0000" |
Lifetime | 0 |
Session Attributes
Attribute | Value |
---|---|
_csrf/https-comment | "vpe5KSBX1oRkYrPmqFyPdb_w-5K9QluR5J61Lj_4OLE" |
_csrf/https-cookie_accept | "8qUpnRAjIXCk8g-IBn2fsC8kggB1VqakC60q_n65x18" |
Session Usage
6
Usages
Stateless check enabled
Usage |
---|
Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:76
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:79
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:52
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:56
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Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage:41
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current_article | App\Entity\Article {#1094 -id: 2613 -title: "Ten Years of Global Financial Crisis: Back from the Brink?" -slug: "ten-years-of-global-financial-crisis-back-from-the-brink" -introtext: "<h2><span style="color: #10228b;">The Global Tsunami</span></h2>\r\n" -content: """ \r\n <ul>\r\n <li><strong>Developed economies</strong> were more affected since their banks were more integrated in the US system. <strong>PIGS</strong> - their heavily indebted southern European cousins – <strong>Portugal, Italy, Greece </strong>and<strong> Spain</strong> – were also affected. They needed to be bailed out by the European Union – mainly, Germany. <strong>Greece </strong>and<strong> France</strong> experienced riots on the streets.</li>\r\n <li>A rich country like <strong>Iceland</strong> declared bankruptcy.</li>\r\n <li><strong>Dubai</strong> – whose extravagant real estate projects were finance by borrowed money - had to be bailed out by <strong>Abu Dhabi.</strong></li>\r\n <li>30 million became unemployed - half of which in the Western world. Many exports-dependent <strong>Chinese</strong> factories were closed leaving 15 mio Unemployed. Chinese too went on the streets. Not surprisingly, the news did not get much publicity.</li>\r\n <li>Major companies were affected – with liquidity crisis, new capital investments came to a halt.</li>\r\n <li><strong>World trade</strong> reduced and commodity prices crashed.</li>\r\n <li>Homelessness, inequality, poverty increased. A lot of money which could have been used for fighting poverty and diseases, handling environmental causes - was used to bail out irresponsible banks and corporates.</li>\r\n </ul>\r\n <h2><span style="color: #10228b;">How India Fared during the Crisis?</span></h2>\r\n <div class="slate-resizable-image-embed slate-image-embed__resize-right"><img src="https://media.licdn.com/dms/image/C5112AQGKjutVrA26EA/article-inline_image-shrink_1000_1488/0?e=1542240000&v=beta&t=Q_hMXYs2YxD43S6bhj_iKtXcnNLyPGox5opjeBErelw" alt="" data-media-urn data-li-src="https://media.licdn.com/dms/image/C5112AQGKjutVrA26EA/article-inline_image-shrink_1000_1488/0?e=1542240000&v=beta&t=Q_hMXYs2YxD43S6bhj_iKtXcnNLyPGox5opjeBErelw" />BSE Sensex crashed from 21000 to 8000 points. FIIs (Foreign Institutional Investors) pulled their money out of the financial markets. Indian Government too had to pump in equivalent of USD 4.5 billion in the economy.</div>\r\n <p>India was affected, however not as much as many other countries. Prudent <strong>Reserve Bank of India</strong> policies and regulations of – not-so-easy cash, and not-so-cheap credit helped us control the damage better. Our dependence on <strong>domestic economy</strong> rather than the export markets insulated us to an extent.</p>\r\n <h2><span style="color: #10228b;">What Caused the Crisis?</span></h2>\r\n <ul>\r\n <li><strong>Excessive deregulation</strong>: Neo-liberal belief that “<em>markets will self-regulate</em>”.</li>\r\n <li>Competition between London and New York for control over financial markets. This led to accelerated deregulation in order to attract the bankers.</li>\r\n <li><strong>Conflict of interest</strong> – Investment Banks, Rating agencies, Insurance companies.</li>\r\n <li>Lack of <strong>transparency</strong>: Excessively complex financial instruments led to a loss of visibility in the risks, let alone manage those.</li>\r\n <li>Prevalent Accounting standards: “<em>Mark to market</em>” valuations which let you count your chickens before they hatch.</li>\r\n <li>Recklessness: Banks operated as casinos – gambled with other people’s money.</li>\r\n </ul>\r\n <p><strong>Peter J. Wallison</strong>, Financial expert, Author, and Adviser to the US Government put it very bluntly – <em>“</em><strong><em>U.S. housing policies</em></strong><em> are the root cause of the current financial crisis. Other players-- greedy investment bankers; foolish investors; imprudent bankers; incompetent rating agencies; irresponsible housing speculators; short sighted homeowners; and predatory mortgage brokers, lenders, and borrowers--all played a part, but they were only following the economic incentives that government policy laid out for them.”</em></p>\r\n <h2><span style="color: #10228b;">The Recovery</span></h2>\r\n <div class="slate-resizable-image-embed slate-image-embed__resize-left"><img src="https://media.licdn.com/dms/image/C5112AQEB6SnRMoXOgg/article-inline_image-shrink_1000_1488/0?e=1542240000&v=beta&t=-2XlQhycarOF05sUBjI7vwMz0JSJ3iBqzRYQtq6H2B0" alt="" data-media-urn data-li-src="https://media.licdn.com/dms/image/C5112AQEB6SnRMoXOgg/article-inline_image-shrink_1000_1488/0?e=1542240000&v=beta&t=-2XlQhycarOF05sUBjI7vwMz0JSJ3iBqzRYQtq6H2B0" />The recovery was slow and painful. Incomes stagnated. It took almost six years for the world to recover substantially. Banks are more resilient and better regulated today. Some major reforms were introduced to not to let such disaster happen again.</div>\r\n <p>As immediate measures – <strong>capital injections</strong> were introduced by the Governments, and <strong>stress tests</strong> were performed on the larger banks. Down payments and <strong>income verification</strong>were re-introduced. Certain anti-speculation regulations got strengthened, certain curbs on <strong>bankers’ bonuses</strong> were imposed, and regulation of <strong>derivatives</strong> was expanded. Independence of Central Banks in enforcing monetary and regulatory policies increased. Improvements in <strong>accounting</strong> and <strong>reporting standards</strong> were brought in. </p>\r\n <h2><span style="color: #10228b;">Can Such a Crisis Recur?</span></h2>\r\n <p>Certainly “<em>yes</em>”! So long as “greed and fear” exist, unscrupulousness and naivety exist, herd mentality exists - such a crisis in a different form can occur again. Since early 17th century “Tulip Mania” until 21st century “dot-com” bubble – we have seen many bubbles so far. Will excessive use of credit cards and digital money, hype about the new technologies, hysteria about the crypto-currencies like Bitcoin trigger a crisis in the future? Only time will tell.</p>\r\n <p>Lehman Brothers though, have taught us some lessons: to be on the <strong>watch-out for the symptoms</strong> of bubbles, to <strong>control complexities</strong> in financial instruments/processes/systems, monitor and, where possible, eliminate <strong>conflicts of interest</strong>, beware of schemes which are “<strong>too good to be true</strong>”, and don’t let a <strong>spillover</strong> of “Wall Street” (financial markets) on the “Main Street” (real economy).</p> """ -user: Proxies\__CG__\App\Entity\User {#1092 …} -createdAt: DateTime @1536771528 {#1145 : 2018-09-12 16:58:48.0 UTC (+00:00) } -updatedAt: DateTime @1614502172 {#1150 : 2021-02-28 08:49:32.0 UTC (+00:00) } -deletedAt: null -category: App\Entity\Category {#445 …} -status: "published" -imageCard: Proxies\__CG__\App\Entity\File {#1184 …} -ImageHeader: Proxies\__CG__\App\Entity\File {#1184 …} -featured: false -mainView: false -clicks: 4830 -comments: Doctrine\ORM\PersistentCollection {#1125 …} -reviewed_at: DateTime @1536771525 {#1148 : 2018-09-12 16:58:45.0 UTC (+00:00) } -metakey: "" -metadesc: "The recovery was slow and painful. Incomes stagnated. It took almost six years for the world to recover substantially. Banks are more resilient and better regulated today. Some major reforms were introduced to not to let such disaster happen again." -robots: null -publishedAt: DateTime @1536771525 {#1147 : 2018-09-12 16:58:45.0 UTC (+00:00) } -canonical: null -superTag: null } |
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