[@alux] How the 2008 Financial Crisis Really Happened
Link: https://youtu.be/cfUoCa7bGXY
Short Summary
The 2008 financial crisis, triggered by subprime mortgages bundled into complex financial instruments and fueled by deregulation and conflicts of interest, brought the global economy to the brink of collapse. Government intervention, including a massive bailout, prevented total implosion, but millions lost homes and jobs, shaking faith in the financial system and prompting new regulations to prevent future crises.









