Articles on financial crisis

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The 2008 financial meltdown caused millions of Americans to lose their homes, and the austerity measures that followed only widened income inequality and helped fuel the rise of right-wing populism. (AP Photo/Tony Dejak)

How the 2008 financial crisis helped fuel today’s right-wing populism

Right-wing populists have exploited key weaknesses in liberal democratic society that were exacerbated by the failure of political leaders to respond effectively to the 2008 financial crisis.
Argentina is just one of a handful of crisis-stricken nations asking the International Monetary Fund for help. David Fernandez/EPA

The world’s economic crisis-fighting mechanisms are dangerously inadequate

Some US$4.6 trillion has been made available to stave off financial crises across the world. The problem is that much of this funding is now spoken for, and the list of stricken nations is growing.

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