The Financial Crashes that Changed the World

Dan Snow's History Hit

History Hit

History

4.7 • 12.9K Ratings

🗓️ 12 March 2024

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Over the last turbulent century, the global economy has suffered the shockwaves of recessions and depressions, bubbles and unchecked investor euphoria. And with the UK's spring budget announced this week, we ask the question - have we learnt from the economic mistakes of the past?

In this episode, Dan is joined by Linda Yueh, Fellow in Economics at St Edmund Hall, Oxford University and author of "The Great Crashes". We look back at some of the most significant stock market meltdowns since the Wall Street Crash of 1929 and turn our attention to the most likely candidate for the next big financial crisis...

Produced by James Hickmann and edited by Dougal Patmore.

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Transcript

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0:20.0	For terms and conditions and to see how you or your business can qualify, visit Iuk.K.K.
0:26.6	The UK.org The EY Tech Connect podcast brings you candid conversations about the most pressing priorities facing
0:36.1	tech, media and entertainment, and telecommunications companies and provide strategic insights on the key issues
0:42.0	that matter to them,
0:43.2	including topics such as the top 10 opportunities in tech,
0:46.1	the next generation of gaming,
0:47.6	the future of connectivity and content,
0:49.7	and the latest talent strategies.
0:51.4	The EY Tech Connect podcast is out now. Download today from wherever you get your
0:55.4	podcasts.
0:57.0	Hi everybody, welcome to Dan to
1:03.2	to Dan to notice history here.
1:04.4	When I give talks one of the most frequent questions I get is why do we seem to
1:09.2	learn nothing from history?
1:10.4	And sometimes I'm saying that's a little bit unfair because I think we do learn things from history.
1:14.0	We've managed to construct the most complex civilization in the history of the known universe,
1:19.0	and we've done that by building on the achievements and learnings, lessons of our forebears.
1:25.0	But there are areas in which I agree it seems that we are incapable of learning lessons.
1:29.0	I think one of those areas is conflict, another of those areas is our fascination
1:34.0	fascination with charismatic despots but one I think that will strike
	...

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