What caused the 2008 financial crisis?

The crisis had a big impact all over the world, causing lots of economic problems. Stock markets went down quickly, many people lost their jobs, and governments had to quickly come up with big plans to limit the damage. This crisis showed clear issues in the financial system, which led to people asking for more control and supervision to stop something like this from happening again.

Front running

DCA

Market-makers

Carry Trade

Dark Pools

Being poor is expensive

Primary and Secondary markets

Become wealthy this year

Investor relations

Timecodes

0:00 - Introdaction
0:56 - Why did the crisis happen?
1:32 - A real example from the book
1:53 - Mortgage-backed securities (MBS)
2:37 - What role have banks in financial crises?
3:13 - Consequences
3:57 - Reforms