A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Why was the 2008 crash so bad?

Best Answers

Starting there is a matter of convenience. The development of China was the main proximate cause. However, one of the best lessons you can learn is that there is only one history of the global economy. Decisions made this year depend on the decisions made last year, the year before that, and so on back to the beginning. read more

As a 17 year old (in 2008) from a working class English family, I can honestly say that I didn't notice it at all.” Start here: Starting there is a matter of convenience. read more

The grandkids won't hold your caution against you once they understand how scary things seemed on Wall Street in the autumn of 2008. Months of trouble in the housing and credit markets spawned what became an absolutely stunning decline in stocks, leaving confidence a shambles on both Wall Street and Main Street. read more

The stock market crash of 2008 occurred on September 29, 2008. The Dow Jones Industrial Average fell 777.68 points in intra-day trading. Until 2018, it was the largest point drop in history. It plummeted because Congress rejected the bank bailout bill. But the crash had been building for a long time. read more

Image Answers

Fatal Car Wrecks Bad Pictures
Source: carcabin.com

Further Research

The Crash of 2008
money.usnews.com

The Great Recession
cashmoneylife.com

Why is Recession so Bad / Severe?
www.economicshelp.org