Showing posts with label financial crash 2008. Show all posts
Showing posts with label financial crash 2008. Show all posts

Monday, September 17, 2018

2008 CRASH - Changed the World

"How the 2008 financial crisis crashed the economy and changed the world" PBS NewsHour 9/13/2018

Excerpt

SUMMARY:  Ten years ago this week, the collapse of Lehman Brothers became the signal event of the 2008 financial crisis.  Its effects and the recession that followed, on income, wealth, disparity, and politics are still with us.  Economics correspondent Paul Solman walks through those events and consequences with historian Adam Tooze, author of "Crashed: How a Decade of Financial Crises Changed the World."

Monday, May 28, 2018

WALL STREET - Beware ‘Faux Experts’

"Why our financial decision-makers need ‘skin in the game’" PBS NewsHour 5/24/2018

Excerpt

SUMMARY:  Economic contrarian Nassim Taleb warned of a coming financial crisis more than a decade ago.  Now he believes there’s a big con going on, and that the Federal Reserve's response to the 2008 crash is part of it.  Economics correspondent Paul Solman catches up with Taleb to discuss his new book, “Skin in the Game” and hear his latest concerns.