Understanding The Financial Crisis–For Kids and Grownups financial crisis 2008

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Having difficulty understanding the 2008 US Financial Crisis? Here’s a short animated video that explains – visually! .

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Understanding The Financial Crisis–For Kids and Grownups

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Understanding The Financial Crisis–For Kids and Grownups
financial crisis 2008
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20 comments

Monica Cervantes 25/09/2021 - 3:01 Sáng

The part that I don't understand is how exactly did banks close down? Investors were buying the mortgage bank securities from the bank right? So the bank was making money from them was it not?

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Canada-Germany 25/09/2021 - 3:01 Sáng

I was a 1 year old in 2008 at the financial collapse

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Canada-Germany 25/09/2021 - 3:01 Sáng

12 Years of Financial Collapse. Mostly 2008 was the target year of the financial collape.

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ProjeX 25/09/2021 - 3:01 Sáng

Still far
Can I have such video for toddlers?

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libing lim 25/09/2021 - 3:01 Sáng

hard to understand

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H 25/09/2021 - 3:01 Sáng

21 yrs and did not understand

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stephanie 25/09/2021 - 3:01 Sáng

but i dont know how people at other firms lost their jobs due to this… and i dont understand how this also affected other businesses around the world.

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stephanie 25/09/2021 - 3:01 Sáng

so demand increased on houses because of the sub-mortgage… which lead to increase in prices which then lead to an increase in number of investors on MBS … but eventually with increasing prices and people with sub-mortgages could not pay for the increase in prices. which resulted in decrease in demand and prices went down and banks where left with many investors waiting for their returns that depended on mortgage payments so the only way investors can get their returns were through the banks money then the banks went bankrupt and people lost their jobs and houses … thats what i understood…

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J Dinah150 25/09/2021 - 3:01 Sáng

Still too complicated.

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Whale 25/09/2021 - 3:01 Sáng

Clear

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Crazy fire 2508 25/09/2021 - 3:01 Sáng

This thing are poorly explained

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William 25/09/2021 - 3:01 Sáng

Maybe if I watch 20 more videos about this I will finally understand it. Still did not understand this one and I'm 16. Definitely not tailored to kids…

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kidemmy 25/09/2021 - 3:01 Sáng

lost me at 1:57 nvm carry on

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koukimonzta 25/09/2021 - 3:01 Sáng

Sesame street would have done this better.

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seb Ho 25/09/2021 - 3:01 Sáng

as a 12 year old.i did not understand or get anything

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M Singh 25/09/2021 - 3:01 Sáng

kids if you don't understand this evil financial sysyem no prob. just tell your parents to buy some physical gold out of the paper currency.

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JustBriian 25/09/2021 - 3:01 Sáng

As a prominent grade 2 student, this was a very informative video on the financial crisis due to incompetent investment bankers reducing the quality of home-buyers they were willing to accept. I will further debate classmates in my elementary school of the myriad of problems of financial regulation and support from Central Banks as a lender of last resort that cause moral hazard for financial intermediaries. Thank you for the video.

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Karmiangod 25/09/2021 - 3:01 Sáng

Good thing this financial crisis happened, I like it when people suffer.

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ZepaniZeppos - Computer Channel 25/09/2021 - 3:01 Sáng

Cryptocurrency is way easier to understand…

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Drew Conway 25/09/2021 - 3:01 Sáng

Two stars out of four

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