Trump and the lesson of 2008

*****STOP PRESS*****I only ever talk about history on this podcast but I also have another life, yes, that of aspirant fantasy author and if that's your thing you can get a copy of my debut novel The Blood of Tharta, right here:What did the 2008 world financial crisis teach America's elite classes about the future of American capitalism? The collapse of American financial institutions under the weight of accounting fraud, unserviceable private debts combined with a deindustrialised America and an increasingly atomised and impoverished population indicated to the USA's monied classes that imperial growth was no longer viable. Instead, a country based bail outs for corporations, corruption and a steady abandonment of America's international commitments was sought and then in 2016 a faded reality TV star and notorious crook began to appeal to the anger and desperation many Americans felt. Help the podcast to continue bringing you history each weekIf you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways:If you want to go ad-free, you can take out a membership hereOrYou can support the podcast via Patreon hereOr you can just say some nice things about it hereExplaining History helps you understand the 20th Century through critical conversations and expert interviews. We connect the past to the present. If you enjoy the show, please subscribe and share.▸ Support the Show & Get Exclusive ContentBecome a Patron: patreon.com/explaininghistory▸ Join the Community & Continue the ConversationFacebook Group: facebook.com/groups/ExplainingHistoryPodcastSubstack: theexplaininghistorypodcast.substack.com▸ Read Articles & Go DeeperWebsite: explaininghistory.org Hosted on Acast. See acast.com/privacy for more information.