How the 2008 Financial Crisis Really Happened

From low rates and lax regulation to subprime mortgages, toxic MBS/CDOs, and bank bailouts, this video explains how the 2008 financial crisis unfolded—and how it nearly took down the global economy. Invest in yourself today: https://www.alux.app We put together a FREE Reading List of the 100 Books that helped us get rich: https://www.alux.com/100books 00:00 - Introduction 00:34 - The 2008 Financial Crisis 08:32 - Alux App 09:28 - The 2008 Financial Crisis (Part 2) 15:14 - Outroduction Tools: Protect yourself online with NordVPN: https://www.nordvpn.com/alux Get a free audiobook when you sign up: https://www.alux.com/freebook Start an online store today: https://www.alux.com/sell Sell an online course: https://try.thinkific.com/f5rt2qpvbfok - Get Rich Playlist:    • Get Rich Playlist - Alux.com   Take Action Playlist:    • TAKE ACTION by Alux.com   All Sunday Motivational Videos:    • Sunday Motivational Videos   Book Club:    • Alux.com's Book Club   - Social Media:   / alux     / alux     / aluxcom   --- Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content! Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today! SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8 -- To see how rich is your favorite celebrity go to: https://www.alux.com/networth/ -- For businesses inquiries we're available at: https://www.alux.com/contact/