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 AM

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 AM

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

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Canada-Germany 25/09/2021 - 3:01 AM

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 AM

Still far
Can I have such video for toddlers?

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libing lim 25/09/2021 - 3:01 AM

hard to understand

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H 25/09/2021 - 3:01 AM

21 yrs and did not understand

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stephanie 25/09/2021 - 3:01 AM

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 AM

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 AM

Still too complicated.

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Whale 25/09/2021 - 3:01 AM

Clear

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

This thing are poorly explained

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William 25/09/2021 - 3:01 AM

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 AM

lost me at 1:57 nvm carry on

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koukimonzta 25/09/2021 - 3:01 AM

Sesame street would have done this better.

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seb Ho 25/09/2021 - 3:01 AM

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

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M Singh 25/09/2021 - 3:01 AM

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 AM

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 AM

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

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

Cryptocurrency is way easier to understand…

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Drew Conway 25/09/2021 - 3:01 AM

Two stars out of four

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