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THE PSYCHOLOGY OF MONEY - Commented Book

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CHAPTER

What Are the Tail Events of the Global Economy?

Almost everything about the world today would be different if these seven people hadn't left their mark. The majority of what's happening at any given moment in the global economy can be tied back to a handful of past events that were nearly impossible to predict. How, for example, 9-11 prompted the Federal Reserve to cut interest rates, which helped drive the housing bubble and financial crisis.

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