Summary:
The book provides an in-depth analysis of the global financial crisis of 2008, its origins, and the subsequent economic and political consequences that reshaped the world over the following decade. It examines the roles of key financial institutions, governments, and policies in the crisis and the complex interplay of international power dynamics that influenced the global recovery and transformation.
Key points:
1. Global Financial Interconnectedness: Tooze shows how the 2008 crisis affected global economies due to the interconnected nature of finance.
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