Tag: banking-regulation
Tag: banking-regulation
1 page tagged banking-regulation.
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Chapter 58: The Great Depression Meets the Great Recession — Economics 101
Two of America’s worst economic catastrophes share a common anatomy: deregulation, easy credit, asset bubbles, and cascading failures. This chapter traces the roots of the Great Recession through securitization and the CDO machine, and connects the 2008 meltdown to lessons—and failures—from the Great Depression.
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