Showing posts with label Recession. Show all posts
Showing posts with label Recession. Show all posts

Tuesday, 12 August 2014

What Caused the Recession?

I recently sent out a tweet (follow me here!) asking for blog post suggestions, and this post is based on a response I received. 
Sub-prime lending is cited as a major cause of 'The Great Recession' of 2008/9. There is a lot of ground to cover here, so I'll give you the 'lite' version, and then you can watch the video below for a much more in-depth explanation.