Today on Crash Course Economics, Adriene and Jacob speak concerning the 2008 monetary disaster and the US Goverment’s response to the troubles. So, all this begins with house mortgages, and the usage of mortgages as an funding instrument. For years, it appeared just like the US housing market would go up and up. Like a bubble or one thing. It seems it was a bubble. But not the nice type. And the federal government response was…attention-grabbing. Anyway, why are you studying this? Watch the video!
More Financial Crisis Resources:
Financial Crisis Inquiry Report:
TAL: Giant Pool of Money:
Timeline of the disaster:
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