An Explanation of the 2008 Housing Bubble/Financial Crisis

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When people think of 2008 and the economic meltdown that occurred, words like derivatives, houses, easy money, rating agencies etc. all come to mind, but many don’t comfortably understand how they all fit together. I made this video so people can see a systematic presentation of all the factors that made 2008 such a economically painful year.

This post was written by Alex Merced.

The views expressed here belong to the author and do not necessarily reflect our views and opinions.

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Alex Merced is a latino libertarian activist. Alex also runs the AlexMercedCast Podcast, LibertarianWingMedia,com, and is an active member of the Libertarian Party. Alex Merced is currently running for the U.S. Senate seat in New York against Chuck Schumer in 2016.

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