The 2008 Financial Crisis in 12 Minutes (Casual Economics)

Transcript

The 2008 financial crisis was the worst economic disaster in living memory. Its speed and impact unmatched since the Great Depression. In the early 2000s, people were buying homes at a record pace. You didn't even need a job to get a mortgage, just a pulse. Then, almost overnight, the music stopped. Nearly $19 trillion in household wealth evaporate... Read More