2min chapter

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481. Is the U.S. Really Less Corrupt Than China?

Freakonomics Radio

CHAPTER

Evergrand Crisis

A collapse of evergrand could trigger a crisis. Some smaller developers have already defaulted, and others may be on the brink. Ang argues that the collapse of the leman brothers investment bank and the great recession were fueled in part by what she calls access money. You may be surprised to learn where the us lies on the international corruption index. It is the 20 fifth least corrupt country out of the 180 countries that are ranked.

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