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Inflation: Understanding its Impact on the Economy

Tom Spencer

Since 2008, the rate of inflation in the U.S. This can potentially lead borrowers, including businesses and governments, to experience financial distress and bankruptcy, causing them to cut back on investment spending. remained stable, at or below the Fed’s 2% target. For example, a dozen eggs cost around $1.00

Policies 147
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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. Government has published a list of essential industries. Here’s an example.

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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. Over the coming decade, many more digital currencies will be created by entrepreneurs and governments. Reading Time: 6 minutes.

Banking 120
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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. There will be an increased participation of government in the economy (at least temporarily) to support recovery from COVID-19 and any ensuing economic recessions. Government consulting continues to be a secure sector.

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How the Financial World Adapts to Climate Change

Tom Spencer

The most common type of green finance are government-issued bonds, which first came about as structured AAA-rated bonds from the European Investment Bank. 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. Resilience Bonds.

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Save Lives vs. Save the Economy

CaseInterview.com

Prior to 2008, the financial sector grew way beyond enabling the rest of the economy. In the months after the stock market crash of 2008, many of those rocket scientists were laid off. The month before the crash of 2008, Las Vegas (which had a wildly speculative residential real estate market) had 40,000 mortgage brokers.

Financial 145
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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. In addition, the Federal Government insures bank deposits. This is not true.

Banking 119