What was the reason for the financial crisis 2008?

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nicobitzer nicobitzer

04-03-2016
Business

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What was the reason for the financial crisis 2008?

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Mr4w350m3guy Mr4w350m3guy · Answer 1 · 2016-03-04T18:13:55+01:00

Mr4w350m3guy Mr4w350m3guy

04-03-2016

The cause was the huge increase of mortgage rates and caused the economy to crash. also Obama. no just kidding only idiots ay that it was him because he hadn't been the president for a year yet so yeah.

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