“But one of the driving forces of the 2008 financial crisis…” — The Vergecast at 1:30:59
“But one of the driving forces of the 2008 financial crisis was the shadow banking system. There were all these money market funds, which worked kind of like a savings account, but not really, that had more money than they knew what to do with in terms of investments. And that was what drove the demand for mortgages.…”
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