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English: It is widely believed that risky behaviour by banks caused the 2007-8 financial crisis. In fact it is avoiding risk, not taking it, that creates the financial storms that crash our economy. Frances Coppola depicts that not only the Great Financial Crisis itself, but also the Eurozone crisis, were financial storms caused by cross-border financial flows which were driven by the search for high yield at zero risk. She discussed the often ignored role of insurance in creating these storms. Frances Coppola is the author of the Coppola Comment finance and economics blog, a contributor to Forbes, and an ad-hoc writer for the Independent, the Financial Times, Open Democracy, and other news media, as well as several financial industry publications. She is a frequent commentator on matters economic and financial for the BBC.
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Source YouTube: Frances Coppola: Financial Hurricanes – View/save archived versions on archive.org and archive.today
Author Rosa-Luxemburg-Stiftung

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This file, which was originally posted to YouTube: Frances Coppola: Financial Hurricanes – View/save archived versions on archive.org and archive.today, was reviewed on 18 May 2020 by reviewer GRuban, who confirmed that it was available there under the stated license on that date.


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1 March 2019

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current08:16, 9 March 2020Thumbnail for version as of 08:16, 9 March 20201,153 × 983 (85 KB)1VeertjeUploaded using Commons Mobile App

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