Unleashing Deregulation, Leverage, and Risk
Lecture no. 10 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 14 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Financial deregulation has opened up opportunities for hundreds of millions of people around the world to invest in themselves by increasing access to loans of various kinds, from microloans to credit cards, but at the same time allowing for people and companies to take on more risk. Explore some notable examples of when these risks did not pay off.