What happened in 2008? introduction

Introduction

An image of a cat lost a lot of money in the crisis in 2008

The financial crisis in 2008 was caused by what I call an unforgivable sin which people in the financial or banking sector committed. What is worse, some of them were bailed out by the government while innocent taxpayers paid the crisis price.

In this series of articles, I will show you the essence of the great recession in 2008 to easily understand further data, material and documents about the incident you can find on the Internet or from a book.

What happened in 2008 appears to be essential to know. The current situation is similar to the previous state of the crisis, considering how much debt we have in society.

It is worthwhile analyzing the incident. Let’s do this. 

Article 1:The crisis in a nutshell. 3rd July 2019.
Article 2:The Great Recession slightly more in detail. 7th July 2019.
Article 3:Ethics were broken. 10th July 2019.
The last Article:The lessons and restrictions. 15th July 2019.