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19min chapter
TIP589: Stock Market Crises & Bubbles w/ Brendan Hughes
We Study Billionaires - The Investor’s Podcast Network
Iceland's Economic Downfall
This chapter discusses the story of Iceland during the global financial crisis in 2008 and 2009, highlighting the factors that led to their economic downfall. It covers the collapse of the Icelandic banking sector, the role of easy monetary policies, and the flaws of the fractional reserve banking system.
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Discover
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