🏡⬇ Housing Bubble and the Great Recession | 2008 Financial Crisis

2008 Financial Crisis (The Great Recession) was initiated by bursting of the housing bubble. But why there was a housing bubble in the first place? What was the root cause of the crisis of credit? What was the government response?
Learn Austrian Economics in a fun way!
LINKS
BLOG: econclips.com/...
ANIMATIONS: toin.pl/en/
SUPPORT our project: bit.ly/2fgJR9e
Visit our website: econclips.com/
Like our Facebook page: bit.ly/1XoU4QV
Subscribe to our RUclips channel: bit.ly/1PrEhxG
★★★★★★★★★★★★★★★★★★★★★★★★★★
Music on CC license:
Artifact - The Dark Contenent
Kevin MacLeod: Artifact - The Dark Contenent - na licencji Creative Commons Attribution (creativecommon...)
Źródło: incompetech.com...
Wykonawca: incompetech.com/
Kevin MacLeod: Brittle Rille - Reunited - na licencji Creative Commons Attribution (creativecommon...)
Źródło: incompetech.com...
Wykonawca: incompetech.com/
Kevin MacLeod: Home Base Groove - na licencji Creative Commons Attribution (creativecommon...)
Źródło: incompetech.com....
Wykonawca: incompetech.com/
★★★★★★★★★★★★★★★★★★★★★★★★★★
Econ Clips is an economic blog. Our objetive is teaching economics through easy to watch animated films. We talk about variety of subjects such as economy, finance, money, investing, monetary systems, financial markets, financial institutions, cental banks and so on. With us You can learn how to acquire wealth and make good financial decisions. How to be better at managing your personal finance. How to avoid a Ponzi Scheme and other financial frauds or fall into a credit trap. If You want to know how the economy really works, how to understand and protect yourself from inflation or economic collapse - join us on econclips.com. Learn Austrian Economics in a fun way!