SOLA723-QUIZ: The Financial Crisis of 2008

Now, let's take a look at the circumstances that led to the 2008 financial crisis in the United States. The first part introduces early warning signs that signal an impending crisis. The second part offers an insider's view of how banking practices contributed to the collapse. As you read, consider how these insights apply to today's financial systems.

These videos discuss the 2008 financial crisis in the United States. In the first, Didier Sornette talks about how early warning signs for a financial crisis can be plotted. In the second, William Black gives an insider's view of how banking practices led to the 2008 financial crisis.

Video 1: The Financial Crisis of 2008 Part 1
Video 2: The Financial Crisis of 2008 Part 2

Source: Didier Sornette and William Black
This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 License.

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