Back in September, Axios published a special report on the 2008 financial crash. As part of it, we asked nine U.S. economic and financial experts to name the greatest fallout.
Their most frequent answer: The loss of public trust and the conspiratorial and paranoid thinking that has surged into politics since. Adam Tooze, author of “Crashed: How a Decade of Financial Crises Changed the World,” agrees. When Tooze, a Columbia history professor, observes the political upheaval in the U.S. and Europe, he sees the continuing reverberations of the crash and the oblivious financial elite that was supposed to have policed the system, writes Christopher Leonard, author of the forthcoming "Kochland."