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The 2008 Global Financial crisis was kicked off by major structural issues in the global banking system and exacerbated by record levels of household debt.
Today the world is on the brink of yet another major financial downturn, and yet again household debts are at record levels.
So is banking really to blame?
⭐️ Be sure to check out BC’s incredible documentary about John Pierpont Morgan if you’re interested in learning more about the origins of the U.S. banking system!
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