Scenarios about 'banking crisis'
A banking crisis occurs when multiple financial institutions experience liquidity problems or insolvency simultaneously, threatening the stability of the financial system. These crises typically involve bank runs, sharp declines in asset values, and often require government intervention through bailouts, nationalizations, or regulatory reforms. Banking crises have repeatedly shaped economic history, from the Great Depression to the 2008 global financial crisis, and serve as critical divergence points in alternate history scenarios exploring different economic trajectories.
What If The City of London Implemented Different Financial Regulations?
Exploring the alternate timeline where the UK took a fundamentally different approach to financial regulation in the 1980s, potentially altering the global financial landscape, the 2008 crisis, and Britain's economic trajectory.