Lectures in History
"Great Recession" of 2007-09
2017-04-01T19:59:28-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvM2YyXC8yMDE3MDQwMTIwMDA0NjAwM19oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Professor Jonathan Levy talked about the so-called “Great Recession” of 2007 to 2009, the worst financial crisis in the U.S. since the Great Depression in the 1930s. He traced the origins of the crisis to the late-1990s stock market boom-and-bust, and looked at how the housing market of the 2000s mimicked some of the same patterns. He also talked about some of the exotic financial instruments developed during this time, the practice of banks using overnight short-term credit markets to stay afloat, and the unprecedented actions taken by the Federal Reserve to rescue the economy after it collapsed.
Professor Jonathan Levy talked about the so-called “Great Recession” of 2007 to 2009, the worst financial crisis in the U.S. since the Great…
read more
Professor Jonathan Levy talked about the so-called “Great Recession” of 2007 to 2009, the worst financial crisis in the U.S. since the Great Depression in the 1930s. He traced the origins of the crisis to the late-1990s stock market boom-and-bust, and looked at how the housing market of the 2000s mimicked some of the same patterns. He also talked about some of the exotic financial instruments developed during this time, the practice of banks using overnight short-term credit markets to stay afloat, and the unprecedented actions taken by the Federal Reserve to rescue the economy after it collapsed. close
Professor Jonathan Levy talked about the so-called “Great Recession” of 2007 to 2009, the worst financial crisis in the U.S. since the Great… read more
Professor Jonathan Levy talked about the so-called “Great Recession” of 2007 to 2009, the worst financial crisis in the U.S. since the Great Depression in the 1930s. He traced the origins of the crisis to the late-1990s stock market boom-and-bust, and looked at how the housing market of the 2000s mimicked some of the same patterns. He also talked about some of the exotic financial instruments developed during this time, the practice of banks using overnight short-term credit markets to stay afloat, and the unprecedented actions taken by the Federal Reserve to rescue the economy after it collapsed. close
People in this video
Hosting Organization
Series
Related Video
-
Presidency of Andrew Jackson
Arizona State University professor Jonathan Barth talked about the rise of Andrew Jackson and his presidency. He focused…
-
1870s Moonshine Wars in Appalachia
Professor Bruce Stewart talked about how the national perception of the Appalachian region and its people was formed in …
-
Civil War and Emancipation Policy
Professor Brian Taylor talked about the military strategy and political policy goals of emancipation during the Civil Wa…
-
Food During the Great Depression
Iowa State University Professor Pamela Riney-Kehrberg taught a class on food during the Great Depression. She described …