14min chapter

Word of Mouth cover image

How to Think Like an Anthropologist, with Gillian Tett

Word of Mouth

CHAPTER

Decoding Financial Language and Cultural Nuances

This chapter explores the origins of financial terminology like 'bank' and the importance of trust in banking, along with cultural differences in communication styles between countries. Through metaphors like financial sausage-making, the complexities of the 2007 financial crisis, collateralized debt obligations, and the exclusive world of financial elites are discussed, emphasizing the need for transparency and understanding in the financial realm.

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