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British Open University: Banking Crisis: Origin and Consequences
Welcome to the course after 7 episodes of translation

Lecturer: V A

College introduction: The British Open University is a distance education university in the UK. It was established in 1969 and enrolled the first batch of students in January 1971. Many students outside the UK receive distance learning outside school.

Course introduction: In the autumn of 2008, during the global financial crisis, governments around the world took emergency measures to prevent the collapse of the banking system. The most serious financial crisis since the 1930s caused the economic recession. In Britain, rising unemployment, falling house prices and soaring government debt are the worrying consequences of the impending collapse of the banking system. This lesson has made an in-depth observation of the decline of the global financial market and interpreted the origins of the banking crisis.

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