
Length2h 22m
About this audiobook
This book examines how modern financial stability risks accumulate outside traditional banking, why losses are delayed rather than eliminated, and why future crises are more likely to be slow, opaque, and politically difficult than sudden and dramatic.
The central policy challenge is not preventing crises, but recognizing and managing delayed systemic risk in a financial system dominated by nonbanks, illiquid assets, and behavioral liquidity.
Audiobook details
GenreBusiness and Economics
Length2 hrs 22 mins
Narrated byListen with 1,000+ voices
FormateBook with Audio
Publish dateDec 14, 2025
LanguageEnglish