#thegreatrecession — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #thegreatrecession, aggregated by home.social.
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6 Frugal Living Lessons From the Great Recession
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #consumers #debtconsolidation #debtsettlement #frugalliving #InterestRates #PersonalFinance #theGreatRecession
https://www.newsbeep.com/us/186907/ -
6 Frugal Living Lessons From the Great Recession
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Personalfinance #Business #consumers #debtconsolidation #debtsettlement #frugalliving #InterestRates #PersonalFinance #theGreatRecession
https://www.newsbeep.com/us/186907/ -
6 Frugal Living Lessons From the Great Recession
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the…
#NewsBeep #News #Personalfinance #Business #consumers #debtconsolidation #debtsettlement #Finance #frugalliving #interestrates #PersonalFinance #theGreatRecession #UK #UnitedKingdom
https://www.newsbeep.com/uk/163851/ -
I WENT GROCERY SHOPPING YESTERDAY and prices had risen so much, I bought fewer items for the same price.
This made me think of #DisasterDon's dismissal of high prices with his "3 dolls instead of 30" remark.
WHAT HAPPENS TO THE JOBS of those doll makers (farmers, etc) who are now selling fewer products? 🤔
During #TheGreatRecession, skyrocketing gas prices under #Dubya decimated sales & crashed the #economy.
The #SupplyChainCrisis ALSO decimated sales.
THIS TIME, THE WOUND IS SELF-INFLICTED.
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@blueskyfanatic.bsky.social
I think we learned that lesson after the 2008 Wall Street crash. #TheGreatRecession -
Really interesting perspective from #Marketplace, blaming the 2008 financial crisis on the debt ceiling.
As they tell it: If we didn't have a debt ceiling, Fannie Mae wouldn't have been privatized, and wouldn't have facilitated massive investment in mortgage-backed securities, counting on the federal government to bail them out if the worst came to pass, which it did.
https://www.marketplace.org/2023/12/05/criticism-crashes-and-crises-revisiting-three-ghosts-of-debt-ceiling-battles-past/
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#useconomy #FannieMae #economics #ushistory #DebtCeiling #TheGreatRecession -
Until this week, the DOJ was still suing banks for causing the 2008 financial crisis:
“UBS has agreed to pay $1.435 billion in penalties to settle a civil action alleging misconduct related to UBS’ underwriting and issuance of residential mortgage-backed securities (RMBS) issued in 2006 and 2007.”
https://www.justice.gov/opa/pr/ubs-agrees-pay-1435-billion-fraud-sale-residential-mortgage-backed-securities
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#UBS #TheGreatRecession #banks #mortgage #DOJ #housing #foreclosure