@queenlik
The Impact of Financial Crises on Ordinary People
When banks fail, workers pay the price. Detroit’s 2013 bankruptcy slashed retiree pensions by 60%. A factory worker recalls, "My 1,800monthlypensionbecame720 overnight." Globally, 100 million people fell into extreme poverty after 2008. Community credit unions and worker-owned cooperatives offer safer alternatives to Wall Street’s gamble-first culture.
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