High-Risk Securities Resurface: Are We Heading for Another Financial Crisis?

Explore the resurgence of high-risk securities reminiscent of the 2008 financial crisis, as the shadow banking sector raises alarms. Delve into Gen-Z's surprising lead in financial planning over Millennials, and uncover the missing data in credit reports affecting millions. Plus, insights from the India Global Forum on shaping future finance and business relations.

Sources:
https://www.theguardian.com/business/2024/nov/24/remember-the-global-financial-crisis-well-high-risk-securities-are-back
https://uk.finance.yahoo.com/news/gen-z-adults-more-likely-070020833.html
https://finance.yahoo.com/news/india-global-forums-mission-more-033000765.html
https://finance.yahoo.com/news/your-credit-report-is-missing-key-data-that-lenders-are-refusing-to-report-140042485.html

Outline:
(00:00:00) Introduction
(00:00:47) Remember the global financial crisis? Well, high-risk securities are back
(00:03:00) Gen-Z adults ‘more likely than Millennials to have a five-year financial plan’
(00:05:49) "India Global Forum's mission more relevant than ever," says Finance Minister Nirmala Sitharaman ahead of IGF Middle East and Africa 2024
(00:09:23) Your credit report is missing key data that lenders are refusing to report