5 Minute Disasters

Compact Disasters – Episode 37: The 2008 Global Financial Crisis

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In 2008, the world watched as banks collapsed, stock markets crashed, and economies unravelled. In this episode, we explore how risky loans, financial greed, and a housing bubble combined to trigger the worst economic disaster since the Great Depression. From Wall Street to high streets around the globe, millions felt the shockwaves — and the aftershocks are still being felt today. Tune in to discover how the global economy nearly fell off a cliff in just a few minutes.

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