Hal Triedman's Reviews > Crashed: How a Decade of Financial Crises Changed the World
Crashed: How a Decade of Financial Crises Changed the World
by
by

This book was hard to read � it is a historically complex and conceptually dense, and I think it would likely be difficult for anyone who isn't a financier or as didactic as Adam Tooze. Nevertheless, I think it was important for me to read, I thoroughly enjoyed it, and I'm proud that I was able to finish it.
Ever since I became a politically-aware young adult (probably ~2014-15), I've always felt something of a black hole in my political-economic/historical thinking. Most American history/social studies textbooks I was taught only dedicated a handful of pages to everything post-Nixon, and I experienced the election of 2000, 9/11, the beginning of the so-called "War on Terror", the elections of 2008/2012, the Great Recession, etc. through the eyes of a child.
This book did a great deal to illuminate the material realities and flows of global wealth from 2003 to 2017 that I wasn't really old enough to understand when I experienced them, and helped contextualize *just how close* the world came to financial disaster in 2008 (and 2010, and 2012, and by extension 2021). It illuminated for me the world of raw coercive geopolitical power hidden within the core of high finance, and helped clarify the origins of the multipolar world-system that has become evident in the Ukraine War and its effect (so far) to strengthen the EU, the so-called "New Cold War" with China, etc.
Overall, I loved Crashed � it was difficult and illuminating, and I feel smarter for having read all the way to the end.
Ever since I became a politically-aware young adult (probably ~2014-15), I've always felt something of a black hole in my political-economic/historical thinking. Most American history/social studies textbooks I was taught only dedicated a handful of pages to everything post-Nixon, and I experienced the election of 2000, 9/11, the beginning of the so-called "War on Terror", the elections of 2008/2012, the Great Recession, etc. through the eyes of a child.
This book did a great deal to illuminate the material realities and flows of global wealth from 2003 to 2017 that I wasn't really old enough to understand when I experienced them, and helped contextualize *just how close* the world came to financial disaster in 2008 (and 2010, and 2012, and by extension 2021). It illuminated for me the world of raw coercive geopolitical power hidden within the core of high finance, and helped clarify the origins of the multipolar world-system that has become evident in the Ukraine War and its effect (so far) to strengthen the EU, the so-called "New Cold War" with China, etc.
Overall, I loved Crashed � it was difficult and illuminating, and I feel smarter for having read all the way to the end.
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Reading Progress
May 19, 2022
– Shelved
May 19, 2022
– Shelved as:
to-read
August 17, 2022
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Started Reading
September 12, 2022
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Finished Reading
September 14, 2022
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favorites
June 27, 2023
– Shelved as:
economics
June 27, 2023
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history
June 27, 2023
– Shelved as:
nonfiction