The Global Financial Crisis (GFC) of 2008/2009 truly broke the US (and global) financial system and ever since then the US government (and other Western governments) has practised a mix of extremely lax banking oversight, massive amounts of monetary stimulus, the socialization of private debts, and government deficit spending to keep the financial syste…
Keep reading with a 7-day free trial
Subscribe to Geopolitics And Climate Change to keep reading this post and get 7 days of free access to the full post archives.