The 2008 Financial Crisis: Crash Course Economics #12
Today on Crash Course Economics, Adriene and Jacob talk about the 2008 financial crisis and the US Goverment's response to the troubles. So, all this starts with home mortgages, and the use...
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Jacob: Welcome to Crash Course Economics. My name is Jacob Clifford. Adrienne: And I'm Adrienne Hill. And today we're going to do something a little different. We're going to explore one moment in history in depth. We're going to talk about how the 2008 Financial Crisis happened and the government response to it in the United States. Jacob: So let's get started. [Theme Music] Jacob: The 2008 Financial Crisis was a big deal. Ben Bernanke said it could have resulted in a 1930s style global financial and economic meltdown with catastrophic implications. But what happened? Why did it happen? And why aren't we all huddled around burning trash cans forming a raiding party to go steal gas from other tribes in the wasteland? By the way, if y...
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Jacob: Welcome to Crash Course Economics. My name is Jacob Clifford. Adrienne: And I'm Adrienne Hill. And today we're going to do something a little different. We're going to explore one moment in history in depth. We're going to talk about how the 2008 Financial Crisis happened and the government response to it in the United States. Jacob: So let's get started. [Theme Music] Jacob: The 2008 Financial Crisis was a big deal. Ben Bernanke said it could have resulted in a 1930s style global financial and economic meltdown with catastrophic implications. But what happened? Why did it happen? And why aren't we all huddled around burning trash cans forming a raiding party to go steal gas from other tribes in the wasteland? By the way, if y...
