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The LIBOR Scandal: The Hidden Manipulation of Global Finance

The LIBOR scandal is one of those financial bombshells that exposed just how rigged the game can be at the highest levels. This wasn’t just some minor accounting trick—major banks were caught manipulating the very benchmark that determined interest rates for trillions of dollars in loans, mortgages, and derivatives worldwide. The implications are massive, affecting regular people, businesses, and entire countries, all while those in power quietly raked in profits. Instead of a handful of bad actors, what emerged was evidence of a system-wide culture where cheating was normalized and oversight was a joke. Why did regulators and politicians look the other way for so long? Was it incompetence, or something more coordinated? This rabbit hole runs deep, and it raises uncomfortable questions about who really controls global finance, and how much of the “market” is just smoke and mirrors. Dive into the podcast episodes to hear how this scandal unfolded, who got away, and what it means for the rest of us living under this financial regime.

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