Part 1/14:
Unveiling the Hidden Truth Behind the 2008 Financial Crisis
The conventional narrative around the 2008 financial crisis is often simplified to tales of subprime mortgages and reckless lending practices. However, recent insights and deeper analysis reveal that this explanation misses the core issue: the crisis was fundamentally a monetary crisis, a systemic collapse in the global financial system's liquidity and trust. Understanding this difference is crucial for grasping not only what happened in 2008 but also why its repercussions still dominate the economic landscape today.