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Explore how the U.S., UK, and Scandinavia are shaping the future of money through CBDCs (central bank digital currencies) stablecoins, and digital payment innovation with policy shifts and privacy at the forefront.
The article explores the American financial crisis, highlighting its causes, such as risky lending, weak regulations, and global economic dependencies. It explains the severe impacts on employment, housing, wealth, and global markets. Lessons from the 2008 crisis emphasize stronger regulations, responsible lending, and global cooperation. Finally, it outlines the way forward through financial reforms, savings culture, economic diversification, and international collaboration to build a more resilient economy.
