EPISODE · Jun 11, 2022 · 25 MIN
Episode 35: Economic Crises in modern times
from The Y in History · host Ajay Kaul
From the Credit Crisis of 1772 to the 2008 Housing Crisis, most of the economic crises seem to have been triggered by excessive borrowing to seek returns on rising assets. The Oil Shock of 1973 though was an exception and was a demand and supply issue, leading to runway inflation.
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Episode 35: Economic Crises in modern times
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