What Caused the Great Recession of 2008

Photo by respres CC BY 2.0

The causes of The Great Recession of 2008-2009 are still disputed by some but not by others. What and who caused the Great Recession of 2008. The stupidity and greed that was a big part of the reason might surprise you. Was it the banks, the government, the mortgage writers or everyone.

The History of Stock Market Panics

1929 stock market crash CC0 1.0

Stock market panics are nothing new and there are lessons to be learned. Words like stock market panic, bank runs, bailouts, greedy bankers, financial contagion, short selling, illiquidity and credit crises are nothing new to the stock market.

Stock market panics come and go, but today they seem to come rather rapidly and can fade just as quickly.