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[BEST OF] Capitalist Chaos and Crimes: The Great Recession of 2008

Rev Left Radio

CHAPTER

The Relationship Between Financial Excess and Risk-Taking

The Reagan administration in that era really comes up with regards to the rough vague starting point of what we now call neoliberalism. How did a housing bubble translate into this big financial crisis? And why do you have big banks well because banks like monopoly power and lobbying power as they know when they're too big they will be bailed again and again.

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