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Rajan’s analysis of the roots of the 2008 financial crisis focuses on three fundamental stresses: widening income inequality in the US, trade imbalances in the global economy arising out of historical trajectories followed by late-developing countries, and the clash between arm’s length financial systems, as present in the US and Britain, and relationship-based financial systems, as ...
The Global Minotaur: America, Europe and the Future of the Global Economy is a book by economist and former Minister of Finance for Greece Yanis Varoufakis, first published in 2011 by Zed Books. A third edition was released in July 2015 with the updated subtitle America, the True Causes of the Financial Crisis and the Future of the World Economy.
Coin exchange crisis of 692.Byzantine emperor Justinian II refuses to accept tribute from the Umayyad Caliphate with new Arab gold coins for fear of exposing double counting in the Byzantine financial system (actual weight less, than nominal quantity), which leads to the Battle of Sebastopolis and the revolt of taxpayers who burned financial officials in a copper bull.
The following are some of the more popular books from the Rory Gilmore Reading Challenge, according to #BookTok and beyond. (Fair warning for those who haven’t finished the series: There are ...
1991 Indian economic crisis; 1994 bond market crisis; 2008–2014 Spanish financial crisis; 2008–2009 Belgian financial crisis; 2008–2009 Ukrainian financial crisis; 2008–2010 automotive industry crisis; 2008 Latvian financial crisis; 2010–2014 Portuguese financial crisis; 2018–present Argentine monetary crisis; 2022 Russian debt default
The 2008 financial crisis, also known as the global financial crisis, was a major worldwide economic crisis, centered in the United States, which triggered the Great Recession of late 2007 to mid-2009, the most severe downturn since the Wall Street crash of 1929 and Great Depression.
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Stress Test: Reflections on Financial Crises is a 2014 memoir by former United States Secretary of the Treasury Timothy Geithner, written as an account of the effort to save the United States economy from collapsing in the wake of the 2008 financial crisis. [1] [2] Journalist Michael Grunwald is credited as Geithner's collaborator for the ...