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What Caused The Great Recession of 2008?

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Brendel Wikipedia CC BY-SA 3.0

Officially the Great Recession started in December 2007, long before most Americans on Main Street realized what was about to happen. According to the NBER, the Great Recession ended in July 2009, which most Americans on Main Street cynically laughed at, knowing full well their recession was not over at that time. What caused the Great Recession, and who to blame, there is plenty of blame to go around… 

Continue reading The Great Recession of 2008
 
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Labels: 2000s, stock market, The Great Recession

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