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4min chapter
Ep 85 Weekly Roundup: Bankruptcies Soar 61%
Peter St Onge Podcast
Dangers of Financialization
This chapter examines warnings from a former chief economist about the dysfunctional policies in the U.S. financial system that encouraged risky behaviors and taxpayer bailouts. It traces the historical evolution of financialization and its implications, culminating in a bleak outlook on the need for reform to prevent future financial crises.
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