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“Most Americans believe the 2008 financial crisis came from…” — Cato Audio at 59:24

“Most Americans believe the 2008 financial crisis came from unregulated Wall Street firms, so-called shadow banks, making too many risky bets, causing the housing bubble to burst. But is that the whole picture? In his new book, Why Shadow Banking Didn't Cause the Financial Crisis, Cato's Norbert Michel explores the…”

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