The 2008 financial crisis -
During the late 1990s, America was getting a huge inflow of foreign funds from Russia and many Asian countries. American banks naturally didn't want the money just lying around earning no interest, so they made it easier
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Anonymous 3
StealthĀ ā¢Ā 6m
The crisis exactly exposed how excessive leverage, opaque securities, lack of regulation, and misaligned incentives in the financial innovation system can severely destroy the entire economy when a panic hits.
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Prasanna Patil
StealthĀ ā¢Ā 8m
Hi guys just watch the movie called 'big short'
It is based on housing crisis happened in 2008
The 2008 housing crisis was a significant event that led to the worst global financial crisis since the Great Depression. It was primarily triggered by the