The DemystifySci Podcast

The Silent Disaster Behind the 2008 Crash - Jeff Snider, Eurodollar University, DSPod #293

25 snips
Oct 25, 2024
Jeff Snider, an economic outsider with a critical eye on mainstream economics and central banking, dives deep into the hidden dynamics of the 2008 financial crisis. He argues that the Eurodollar system played a pivotal role, overshadowed by the subprime mortgage narrative. Trust in financial institutions eroded, leading to systemic failures in lending practices. Snider also critiques Modern Monetary Theory and emphasizes the need for redefining economic principles to address contemporary global challenges. His insights point towards the necessity of evolving our understanding of banking and monetary systems.
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