You are viewing a single comment's thread from:

RE: LeoThread 2024-12-04 16:59

in LeoFinance8 days ago

Part 9/11:

After the crisis, various reform measures were proposed to prevent future catastrophes. However, many of these proposals were riddled with loopholes and failed to address the entrenched influence of financial institutions. Critics highlighted the troubling reality that the very individuals who were responsible for leading the financial charge continued holding positions of power within government and related institutions.

The pervasive culture of greed and irresponsibility became the hallmark of the financial landscape that facilitated a revised economic approach, one that increasingly favored the financial elite while ignoring the working class.

Conclusion: Lessons Learned and the Path Ahead