In 2008 the United States financial crisis sparked a domino-like global recession throwing millions out of work. Triggered by a lax and liberalized regulatory system in the United States, the crisis sounded the death knell for the G7’s leadership and catapulted the G20 into prominence as the world’s new governance framework for global economic management. It also fed a US climate of electoral revolt.
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Has anyone learned their lesson from the global financial crisis?
Filed Under: Main Tagged With: canada, CBC, financial crisis, inside job, meltdown, SiG, social finance, social innovation, Tim Draimin, unemployment, United States
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