Indigo Starcroft’s Reviews > Crashed: How a Decade of Financial Crises Changed the World > Status Update

'not my circus not my monkeys' says the countries who's banks are intertwined with america. While I respect why small countries wouldn't want to work towards collective action given america's reputation. However, the narrative stating 'they didn't understand the economics' is charitable at best. experts in some of the richest countries, with the best social and education programs, didn't understand. okay.

I don't know much about anything involving economics, and while this might be slim critique, 'unskilled workers' is an outdated term. I get what he was saying, but terms shape how we perceive others. While he doesn't outright admonish either group, given the language towards the end I assume he doesn't have a favorable look on 'wallstreet' and banks. However, given authors detachment, one can only wonder.

Finished chapter 4
note for later: post democracy? -in terms of Germany
ah yes, blame everyone else other than the banks. guess the trend had to start somewhere. and by people, you mean the media that has an invested interest in how the banks fuck people over. This book is all facts, rarely giving opinion. it's not wrong per say for that, but I was expecting an expert's opinion.

I state the previous because the global economy was being threatened, and while I can blame the common ignorance that has allowed such negligence in my country's oversight, it was everywhere. Global banks and markets were scrambling, or at least, that is what I gather from this chapter. Its as if people were to look at you and go 'what pandemic'?

this was lighter than chapter 2, probably due to the more general over scope of the look rather than the mind numbing minutia that fucked up my life. all fascinating in it's own right. what I find most interesting is not that it effected everyone. That I knew. It's that when I told people that the crash of 2008 moved me (cali child) to the midwestern united states, they hadn't a clue what I was talking about.

Finished chapter 2. I have tried picking this up when I first got it back in like 2023. It's dense, it's pure information in a field I was rarely educated on. I have to know about this if I am to ever genuinely provide an opinion/fight against the opposition. Small bites.