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Talk:Financial Crisis of 2008 (view source)
Revision as of 03:10, December 2, 2008
, 03:10, December 2, 2008→Overblown: it's as bad as it gets
the housing downturn, which started in 2006, is a primary cause of the broader economic malaise. --[[User:Ed Poor|Ed Poor]] <sup>[[User talk:Ed Poor|Talk]]</sup> 22:05, 1 December 2008 (EST)
the housing downturn, which started in 2006, is a primary cause of the broader economic malaise. --[[User:Ed Poor|Ed Poor]] <sup>[[User talk:Ed Poor|Talk]]</sup> 22:05, 1 December 2008 (EST)
:: I think most analysts say the crisis is the worst since 1932. It's a crisis because the financial system has nearly collapsed with many of the biggest financial companies either collapsed (Lehman) or taken over (AIG, Fanny Mae, Freddy Mac, Bear Stearns, Wachovia, Washington Mutual) or given vast bailouts (Citigroup) to survive. That never happened before. [[User:RJJensen|RJJensen]] 22:10, 1 December 2008 (EST)