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Government (not Wall Street) Financial Innovation Caused 2008 Financial Crisis

by Aug 10, 2012Articles, Economic Freedom, Multimedia0 comments

An interesting perspective on the financial crisis from MarketSkeptics.com.

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An interesting perspective on the financial crisis from MarketSkeptics.com. I knew that Freddie and Fannie had invented securitization of mortgages, but this goes into much greater depth about how government, not the free market, created the financial, um, “innovations” that led to the 2008 meltdown. Links to all sources used in the video can be accessed here.

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