Part 1/10:
The Fragility of the Global Economy and the Reality of Financial Crises
In a thought-provoking discussion, the audience raises a vital concern about the potential consequences of a major financial upheaval, such as the collapse of Deutsche Bank, which could trigger a domino effect across the European and global markets. The key question posed is: if a 'black swan' event occurs — like the failure of a major bank — what would be the impact on everyday people in North America and Europe? The response from Andreas offers a sobering perspective on the nature of such crises and the interconnected systems we often take for granted.