The Market Crash of 2008
This week’s videos discussed at length the causes of the Crash of 2008 and the subsequent recession.
To begin, reflect on what were the causes of the Crash of 2008, both business and individual. What were the key contributing factors? Next, consider how the Federal Reserve handled the problem. What were actions that it took? Was it legal?
To begin, reflect on what were the causes of the Crash of 2008, both business and individual. What were the key contributing factors? Next, consider how the Federal Reserve handled the problem. What were actions that it took? Was it legal?
With these thoughts in mind, respond to this week’s Discussion prompt.
First:
Post a one to three paragraph analysis of the causes of the Crash of 2008. Be sure to cite information from the videos to support your response.
Second:
- Read through a sampling of the postings of your colleagues, focusing particularly on those to which you can add relevant or insightful comments that expand the Discussion.
- Respond to two or more of your colleagues' postings in any of the following ways:
- Build on something your colleague said.
- Explain why and how you see things differently.
- Ask a probing or clarifying question.
- Share an insight from having read your colleague's posting.
- Offer and support an opinion.
- Validate an idea with your own experience.
- Expand on your colleague's posting.
- Ask for evidence that supports the posting.
- Return to your initial posting. Continue the dialogue as desired by responding to your colleagues’ thoughts.
Please proceed to the Federal Reserve Discussion.