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The Dig: Crashed with Adam Tooze

Jacobin Radio

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Navigating Financial Crisis: Lessons from the Obama Era

This chapter examines the Obama administration's response to the financial crisis, particularly the contentious issue of bank bonuses post-bailout. It critiques the Dodd-Frank reforms, questioning their effectiveness in regulating large banks and highlighting the contrasting global responses to the crisis. Additionally, it explores the complexities of international relations and economic strategies in the U.S.-China dynamic, raising important questions about governance and stability in the face of crises.

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