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Great Depression 2020? (Part 2)

CaseInterview.com

I made the case (that I still stand by) that a collapse of the consumer banking system (in the 1930s) and the investment banking system (in 2008) would not be reasons why our current economy would go into a depression.

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Inflation: Understanding its Impact on the Economy

Tom Spencer

Since 2008, the rate of inflation in the U.S. Understanding inflation is essential for comprehending the global economy and predicting how changes in inflation are likely to impact economic activity, employment, and asset prices. remained stable, at or below the Fed’s 2% target. For example, a dozen eggs cost around $1.00

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What is digital currency?

Tom Spencer

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. This also includes Bitcoin (created in 2008) and Ethereum (created in 2015). Reading Time: 6 minutes. What is the value of digital currency?

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A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. The 2008 meltdown highlighted harmful practices in the financial sector, such as credit default swaps and collateralized debt obligations.

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Going into Consulting in a World Changed by COVID-19

Tom Spencer

Any recessions brought on by COVID-19 will have effects that persist at least through 2020. If we learned anything from the 2008 financial crisis, it is fair to say that in lean times private sector organizations have less resources available to invest in consulting. Consulting projects will probably change.

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How the Financial World Adapts to Climate Change

Tom Spencer

The value of green bonds traded in the market is projected to skyrocket from around EUR 670 billion in 2020 to EUR 2 trillion by 2023. Lucia to recover from multiple earthquakes since 2007, and assisted the Turks and Caicos Islands to recover from Hurricane Ike in 2008. Resilience Bonds.

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Great Depression 2020?

CaseInterview.com

I’ve been noticing that there are questions lately about what caused the Great Depression and whether we’re at risk of something similar in 2020. For context, I asked this exact same question in October 2008 at the start of the Great Recession. We were extremely close to a great depression in 2008. This is not true.

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