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 article was edited for grammar, style, and spelling, but not for content. The views expressed are that of the author, Alex Merced, exclusively, and do not reflect that of BeingLibertarian.com or Being Libertarian LLC

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alexmerced@alexmerced.com'/
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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