Yanis Varoufakis: Bankruptocracy 2/4

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Business, Social Studies
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University
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Hard
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7 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
How did the concept of financialization change the role of banks in the economy?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What factors contributed to the instability of the financial system leading up to the 2008 crisis?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What role did government bonds play in the aftermath of the Wall Street collapse?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
Explain the metaphor of the Minotaur in relation to Wall Street and the global economy.
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the significance of the recycling mechanism mentioned in the text?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
How did the differences between Keynes and White affect the post-war economic system?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
Discuss the impact of the 2008 financial crisis on the global economy as described in the text.
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