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This edition: Raghuram Rajan: Fault Lines: How Hidden Fractures Still Threaten the World Economy

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Episode Details

Original tape date: May 12, 2010.

Raghuram Rajan traces the deepening fault lines in a world overly dependent on the indebted U.S. consumer to power global economic growth, and where the U.S. has growing inequality and a thin social safety net. If these flaws are not fixed, we should be prepared for an even more serious financial crisis.