I recently started reading Crashed again; Adam Tooze’s history of the GFC and its aftermath. Its brilliance comes from his ability to take the reader through the opaque barrier that surrounds modern finance, while situating it within a broader narrative of geopolitics and institutional change going back to the 1960s. This book is a vital guide to understanding the world we live in.
In saying that, my edition clocks in at 600 pages, and it does not spare you detail like “collateral rehypothecation.” Come prepared.
