#TBT - WTF Was the 2008 Financial Crisis?

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 7 December 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

On Money Rehab, Nicole does unpack the headlines that are in the current news cycle, no doubt about it. But today she’s throwing it back to a hot-button topic from our past. It is true that the only way to protect yourself from repeating history is to understand it, so that you can make different choices in the future. The subprime housing crisis is one that’s worth understanding—especially in today’s climate with questions swirling around crypto being a bubble. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.1	Wall Street has been completely upended by an unlikely player. Game stop.
0:08.8	That's a good one.
0:09.8	Ian and should I have a 401k because I don't do it?
0:12.6	No, I know.
0:14.2	What's that?
0:15.2	I don't think the whole world will revolve around you on your money.
0:17.6	What a dumb shit.
0:18.8	I think I'm dead.
0:19.8	Charge for wasting our time.
0:22.8	I think I'm dead.
0:23.8	I will take a check.
0:24.8	I think I'll pull you to hell.
0:26.8	You recognize her from Hank Ring on CNN.
0:29.8	I'm a CMBC and Bloomberg.
0:32.0	The only financial expert you don't need a dictionary to understand.
0:36.2	The cold lap in.
0:37.2	Today, we're going to do something a little different.
0:40.3	In this episode, I'm going to be throwing it back to 2008 to talk about the subprime
0:45.8	mortgage crisis.
0:47.2	One of the goals on the show is to break down the headlines.
0:50.3	And yes, I do unpack headlines that are in the current news cycle.
	...

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