From the start of this week, the world has been plunged into a crisis of unprecedented proportions.
From the US President to the world’s leading financial institutions, politicians and business leaders are struggling to understand why, exactly, we are in such a crisis.
The answers have been a source of great debate, and the result is that the answers have given rise to new questions and new explanations.
What began as a simple political crisis quickly spiralled into a world-wide economic meltdown, with the US Federal Reserve issuing trillions of dollars in cheap US Treasurys and trillions of other dollars.
And now, after years of speculation and public doubt, the answer is finally being revealed.
How did we reach this point in history?
What started as a seemingly simple political dispute quickly spiraled into a global economic meltdown.
After decades of speculation, public doubt and political uncertainty, the answers to the question “what went wrong” will finally be revealed.
The Wall Street Journal has compiled a collection of stories and essays from around the world about what went wrong.
It is an extraordinary compilation of events, with many stories from the US, Europe and the UK that have not been told.
Read the full story here.
This is an edited extract from The Wall Street JournoList, a daily newsletter from The New York Times.
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