Here's What Caused the Great Recession | History financial crisis 2008 explained

by mmotEChnologY

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उन घटनाओं के संगम की खोज करें जिन्होंने अमेरिका में महान मंदी और इसके मुख्य अपराधी: सबप्राइम बंधक आवास संकट को प्रेरित किया। जानें कि महामंदी ने अर्थव्यवस्था को कैसे प्रभावित किया और यह 1930 के दशक की महामंदी से कैसे भिन्न थी। #HistoryChannel इतिहास से अधिक के लिए सदस्यता लें: हमारी साइट पर इस और अन्य विशेष के बारे में अधिक जानकारी प्राप्त करें: विशेष इतिहास सामग्री देखें: वेबसाइट – फेसबुक – ट्विटर – इतिहास सामयिक वीडियो सीजन 1 चाहे आप अमेरिकी क्रांति की लड़ाई, WWII पर अधिक खोज रहे हों सेनापति, वास्तु चमत्कार, प्राचीन दुनिया के रहस्य, अमेरिकी राष्ट्रपति, गृहयुद्ध के नेता, प्रसिद्ध खोजकर्ता या आपकी पसंदीदा छुट्टियों के पीछे की कहानियां। इतिहास, अब 98 मिलियन से अधिक घरों तक पहुंच रहा है, पुरस्कार विजेता मूल श्रृंखला और विशेष के लिए अग्रणी गंतव्य है जो दर्शकों को इतिहास के साथ एक सूचनात्मक, इमर्सिव और मनोरंजक तरीके से सभी प्लेटफार्मों पर जोड़ता है। नेटवर्क के सभी मूल प्रोग्रामिंग स्लेट में हिट सीरीज़, एपिक मिनिसरीज और स्क्रिप्टेड इवेंट प्रोग्रामिंग का रोस्टर है। अधिक जानकारी के लिए हमें HISTORY.com पर आएं। ,

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Here's What Caused the Great Recession | History

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financial crisis 2008 explained
आप हमारी वेबसाइट पर केवल ऑनलाइन पैसे कमाने के तरीकों के बारे में सबसे पूर्ण और विस्तृत जानकारी देख सकते हैं: यहाँ और देखें
आप हमारी वेबसाइट पर केवल ऑनलाइन पैसे कमाने के तरीकों के बारे में सबसे पूर्ण और विस्तृत जानकारी देख सकते हैं: यहाँ और देखें

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31 comments

REDN17 19/11/2021 - 4:25 Chiều

Dang, I was only 8 years old at the time, it makes sense now why my parents said that times were tough and I wouldn’t be able to get a Wii for Christmas.

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Jared Sanchez 19/11/2021 - 4:25 Chiều

All I remember from this at age 6-7 was that we were going to lose our home…which thankfully we didn't at that time and lasted 10 more years!

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Scrypher 19/11/2021 - 4:25 Chiều

I graduated from college in '08. Yep, it was bad for four to six years.

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Scott Hines 19/11/2021 - 4:25 Chiều

Not complete without mentioning the role played by the Community Reinvestment Act.

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Googlebanmetoomuch 2 19/11/2021 - 4:25 Chiều

Recession was that bad, I don't want to see a Depression!🤣

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Ziot 19/11/2021 - 4:25 Chiều

You conveniently forgot to mention that the government FORCED banks to give out subprime mortages

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Ziot 19/11/2021 - 4:25 Chiều

Once again government intervention in the economy causes disaster

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supermetallicman 19/11/2021 - 4:25 Chiều

I remember I was a kid in elementary school hearing about this, crazy how a lot of people just lost their homes like that.

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Rishi Mittal 19/11/2021 - 4:25 Chiều

Wow! explained pretty easily and pretty well. Thanks historytv18!!💙💙🤙

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Elenore Schaeffer 19/11/2021 - 4:25 Chiều

Host is a great speaker 👏

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ALI SUROOR 19/11/2021 - 4:25 Chiều

How can we generate (intellectual energy in light of the disruption of meditation stations and serious intellectual participation?)

How then will definitive, non-temporary solutions be reached, unless people are deeply familiar with the literary, cultural, historical, educational and indicative streams?
Undergraduates will not be able to find sustainable solutions unless they are definitely familiar with all the previous literature
if?!!!
When the cultural mission is evaded, employees in all global organizations should not demand participation in economic seminars or endeavors to seek sources of solutions.
Because employees may be confined to the export sector, for example, or real estate, or even trade, but their opinions are not based on their suggestions because they are not trustworthy because there are no books for them or cultural participations mentioned under the roof of any local, regional or international forum.
If we turn towards a reassessment of the truth, we will arrive at the only way:
Are you going to take a sailor who is an expert in sea affairs and has been working for years in travel, fishing and ports?
Or will you take a marine biologist with you?
So you do not need a university degree when traveling at sea, but you need experience exclusively.
This is not a call to exclude participants who are unable to bring about a new philosophy in the world of modernity and in the current economic crisis"
But you should not bring an agricultural engineer and ask him to work in the pharmaceutical sector, for example
And you shouldn't ask an economist
How to treat irritable bowel diseases, for example
Each according to the specialty
Only then will the steps of trade return to the path of financial recovery.
No thinker will offer any solution for free
Unless they sit together to find real outlets
The world of the web
Not safe for all writers, thinkers and intellectuals
That is an established fact.

ALI SUROOR

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Centurio 19/11/2021 - 4:25 Chiều

Is this why my parents argued a lot during this time and are completely fine now? Lol

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Davey 19/11/2021 - 4:25 Chiều

America had it easy compared to other parts of the world. In Europe this great recession was followed by the eurozone crisis which lasted for years.
I already had to learn about this recession in my history class back in 2011.

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LiamV1BES 19/11/2021 - 4:25 Chiều

I was like.. A couple months old when this happened. But I was Canadian so I was lucky😂

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William Powell 19/11/2021 - 4:25 Chiều

Left a lot out

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se7ensnakes 19/11/2021 - 4:25 Chiều

Starting on 2006 to 2014 10 million

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NotAKnight 19/11/2021 - 4:25 Chiều

Parents divorced during this time. Never knew why until i learned of the recession

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bhavanshu saini 19/11/2021 - 4:25 Chiều

It is completely wrong video. Sorry. Where are investment banks

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Epic Master 19/11/2021 - 4:25 Chiều

Thank you for the explanation

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Michael H 19/11/2021 - 4:25 Chiều

This is a result of deregulation.

I knew a real estate agent who was doing really really well for two years before the crash. She sold real estate left and right and made a ton of money. She said people were idiots buying far more than they could afford with a ARM loan.

She says she feels no guilt. She said these were adults who made their own decisions. If she didn't sell the home, then someone else would of.

She told me everyone got in the business of selling homes back then. Getting a mortgage from the bank was extremely easy and very few were denied a loan application. Pretty much if you had a job for a year and a credit score above 540, you shouldn't have a problem getting an ARM loan. FHA was even easier.

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Josue Gomez 19/11/2021 - 4:25 Chiều

I remember during these times the fuel prices were nearing $5/gal

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Ritik Gulabrani 19/11/2021 - 4:25 Chiều

This is how bitcoin was created !!

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Funny Videos - Funny Out Loud 19/11/2021 - 4:25 Chiều

During covid pandemic, BLM movement, Trump-driven and other agendas there are more people jobless now and even more businesses close… but no one cares anymore. WHY you ask? Last year 3 trillion was injected in the market and the majority of it ended up in the stocks, yet people are hungry. if you think that 2008 was bad, brace for 2021/22

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Funny Videos - Funny Out Loud 19/11/2021 - 4:25 Chiều

no "why?" question was answered in this video:

Nobody talked about futures
Nobody talked about oversaturation

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Riya Bagai 19/11/2021 - 4:25 Chiều

Amazing video, thank you

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Brandon 19/11/2021 - 4:25 Chiều

Oversimplified explanation. Doesn't even mention how banks and lenders sold the toxic debt to other banks and labeled it as AAA. There was a lot of fraud but nobody cared because lenders made commission on each loan and once they soldt the debt they didn't give 2 $hit$.
This is like an explanation you would see on Sesame Street. Watered down history channel explanation…..

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New Imperials 19/11/2021 - 4:25 Chiều

Gen X caused the Great Recession. Gen Xers were high spenders during the housing bubble. Houses went from small ranch homes to large cookie-cutter McMansions.. all in just under two decades. I see consumerism as a waste. I also don’t buy things I don’t need.

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Gian Gwen Louied Arligue 19/11/2021 - 4:25 Chiều

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Daniel Jbaily 19/11/2021 - 4:25 Chiều

It'll happen again hope not but it will

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Angel Yala 19/11/2021 - 4:25 Chiều

Can someone explain the Recission to me? I was born around 2004 so I don’t much about it

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Masinissa Ibrahimi 19/11/2021 - 4:25 Chiều

So…was this due to deregulation?

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