How it Happened - The 2008 Financial Crisis: Crash Course Economics #12
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 Published On Oct 21, 2015

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 of mortgages as an investment instrument. For years, it seemed like the US housing market would go up and up. Like a bubble or something. It turns out it was a bubble. But not the good kind. And the government response was...interesting. Anyway, why are you reading this? Watch the video!

More Financial Crisis Resources:

Financial Crisis Inquiry Report: http://www.gpo.gov/fdsys/pkg/GPO-FCIC...

TAL: Giant Pool of Money: http://www.thisamericanlife.org/radio...

Timeline of the crisis: https://www.stlouisfed.org/financial-...

http://www.economist.com/news/schools...

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