![]() ![]() King also notes a lack of international leadership, with G20 politicians focused on their home constituencies and domestic politics rather than facing up to global challenges.Īnd the large financial institutions have an influence on the politicians, particularly where the politicians rely on financial institutions for funding. The crisis was not just the result of failures by individuals or institutions, but of the ideas behind banking and economic policy. ![]() King is not convinced that the world has been saved.He notes that most books about the 2008 crisis have the invisible subtitle: “how I saved the world”.King sees the 2008 financial crisis as merely the latest in a long series of crises. ![]()
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