Mr Ian Understand the USA Sub Prime Lending Crisis that plunged the World into Recession
Latest request: More than 1 month ago

Understand the USA Sub Prime Lending Crisis that plunged the World into Recession

60Min
2,800 P
The 2008 USA Financial Collapse led to a World Wide Recession. Now you can learn how this happened, step by step, in logical language that everyone can understand.

Detalles de la lección

One misguided policy decision by the USA government was all it took to unravel the world economy.

We will learn how a single policy, meant to help the general public, snowballed out of control and almost destroyed the world's financial system as we know it.

After the lesson you will be able to talk about, and explain in a way that everyone can understand,  the 2008 Wall Street crash.

    -  Sub Prime Mortgages
    -  Homeowner Speculation  
    -  Housing Bubble
    -  Home Repossession
    -  The way that Insurance helped the Collapse
    -  Securitization of Mortgages
    -  The Shadow Banking System
    -  Conflagration
    -  The Collapse of the USA Economy
    -  The total number of USA banks that failed was 465 !
    -  Suggested Safeguards VS Actual Restrictions put in place

This is a very interesting lesson and it has many applications, ranging from house hold finances, to business structure, to national and international financial policy.

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Understand the USA Sub Prime Lending Crisis that plunged the World into Recession
60Min
2,800P

Mr Ian

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