Decentralized finance makes it easier for virtually anyone to take advantage of financial markets without the need for a bank, but there are new risks as well.
Traders on the floor of the New York Stock Exchange in 1955.
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The global economy is currently experiencing its severest contraction since the 1930s. While capitalism will survive, its fundamental structure can change at critical historical junctures.
The financial ravages caused by COVID-19 will particularly impact Black seniors.
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The Trump administration has revised CDC health guidelines and undermined its own experts, making it harder for science to prevail over politics in US’s coronavirus strategy.
Markets panicked following the collapse of investment bank, Lehman Brothers, in 2008.
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A universal basic income could provide financially precarious people with the money they need. And it would keep money flowing through the financial system.
On October 23 Google announced that it built a quantum computer thousands of times faster than classic computers. This could have immense impacts on finance, cryptography and other fields.
This is what a financial crisis looks like on Wall Street.
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