The economy’s Cuban Missle Crisis

In 2008 a global financial meltdown was just barely contained. But Adam Tooze says that the crisis of confidence has had long aftershocks.

Adam Tooze, Columbia University historian and author of the new book Crashed: How a Decade of Financial Crises Changes the World, talks to INET President Rob Johnson about what precipitated the 2008 crisis, and its ongoing affects.

source: Social Europe