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Credit and crises, and the economic shocks of 2016 thus far
FT Alphachat
English - June 24, 2016 04:01 - 39 minutes - 26.9 MB - ★★★★★ - 234 ratingsNews Commentary News leadership finance business culture politics entrepreneur health interview entrepreneurship news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Social bonds served up at McDonald's, the US education divide, and a look at Wall St post-crisis
Next Episode: Fact-checking Brexit claims with Tim Harford
During normal economic cycles, increasing credit hides an economy's deeper problems, but when a financial crisis hits, all of that credit flips from shock absorber to shock multiplier. Professor of economics Alan Taylor explains his research. Then, FT journalists discuss some of the biggest shocks of 2016, including the change in perception at the Fed over what type of monetary policy would benefit the US economy. Visit FT.com/alphachat for show notes and links.
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