How the 2008 Financial Crisis could have been avoided?

The Federal Reserve and the Bush administration could have prevented the 2008 financial crisis. But they ignored the early warning signs. In November 2006, the first leading indicator revealed trouble. The Commerce Department reported that new home permits dropped 28 percent in a year. read more

If the Federal Reserve and the Bush Administration had responded to the early signs, they could have avoided the 2008 financial crisis. The first signal appeared in November 2006. That's when the Commerce Department reported that new home permits dropped 28% in just a year. read more

But seriously, any answer like the 2008 crisis could be avoided if this was done like this or if those guys were arrested would be a bit oversimplistic. read more