Misconceptions of the 2008 Financial Crisis
Many contrasting view are held about the causes of the global financial crisis. Kevin explains his view on the matter and why it differs to the popular opinion.
Overview
The common view of the global financial crisis of 2008 that there was too much debt in the economy is a bit misguided. Instead the cause can be related back to the collapse of the US housing market and the complicated securities that mortgages were backing.
Key learning objectives:
Discuss the popular view for the cause of the financial crisis
Explain the the real cause of the financial crisis in 2008
Summary
Expert
Kevin Gardiner
Kevin has worked in the city for over 30 years, with experience as an economist, investor strategist and chief investment officer. Kevin proudly coined the term "Celtic Tiger" used to refer to the Irish economy.
