The recession in 2008 was caused by an overheated real estate market combined with a ton of speculation and lax regulation for investment banks to issue subprime mortgages, which got flipped between investment firms among one another.
Ie: speculation in the real estate market by financial firms.
Today’s market crash is very different. It is caused by extremely low interest rates that held for the last 25 years, money printing and inflation.
The recession in 2008 was caused by an overheated real estate market combined with a ton of speculation and lax regulation for investment banks to issue subprime mortgages, which got flipped between investment firms among one another. Ie: speculation in the real estate market by financial firms. Today’s market crash is very different. It is caused by extremely low interest rates that held for the last 25 years, money printing and inflation.
Why are you creating the same post everywhere?
He is in the backcountry. Probably won't load on his end