Question

Discuss the events which led to the Global Financial Crisis of 2008​

Answer 1

Answer:

Deregulation in the financial industry was the primary cause of the 2008 financial crash. ... The 2008 financial crisis has similarities to the 1929 stock market crash. Both involved reckless speculation, loose credit, and too much debt in asset markets, namely, the housing market in 2008 and the stock market in 1929.

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