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Clerical era: Iran’s elections

Economist Podcasts

CHAPTER

Tensions and Finance: A Two-Pronged Exploration

This chapter examines the escalating aggression of hardliners in Iran and the potential repercussions for U.S.-Iran relations, underscoring the risk of conflict through proxy retaliations. It also delves into Michael Milken's transformative impact on the finance sector in the 1980s, focusing on his role in the junk bond market and the financial risks that accompanied his innovative practices.

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