Wall Street Week: One More Thought on 9/11

The video discusses the impact of the 9/11 attacks on the US, highlighting the financial and emotional toll. It then examines the 2008 financial crisis and the government's failure to regulate financial markets. The COVID-19 pandemic's economic impact is analyzed, noting both demand and supply shocks. The video concludes by addressing the growing threat of cybersecurity and the societal division caused by the pandemic, contrasting it with the unity seen after 9/11.

What was one of the immediate economic impacts of the 9/11 attacks?

• Strengthening of the US dollar

• Closure of the stock market for a week

• Increase in stock prices

• Rise in employment rates

What was a major factor in the 2008 financial crisis?

• Global pandemic

• Lack of technological advancement

• Financial engineering exceeding understanding and regulation

• Overregulation of financial markets

How did the pandemic affect the global economy?

• It only caused a demand shock

• It only caused a supply shock

• It caused both demand and supply shocks

• It had no significant impact

What is considered the biggest risk to the financial system today?

• Political instability

• Natural disasters

• Cyber risks

• Physical attacks

How did the response to COVID-19 differ from the response to 9/11?

• Both responses showed unity

• COVID-19 response was more unified

• 9/11 response was more divisive

• COVID-19 response was more divisive