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Global crashes in an interconnected economy

What happens when a country's economy crashes?

People crash. So do companies. And stock markets. And, occasionally, entire countries.

We live in an increasingly interconnected world, which means that when one country crashes financially, there’s a genuine risk that we could end up with a regional, or even a world-wide pileup.

We wanted to find out how likely a crash of epic proportions is, so we turned Paddy Hirsch, Senior Editor and resident explainer at Marketplace.

Hear our conversation using the audio player above.

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