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Bankruptcy act of 2005 worsened boom and bust

One puzzle about the 2008 financial crisis is what caused the financial markets to bubble and burst at that particular time.

One reason was The Bankruptcy Abuse Prevention and Consumer Protection Act… 1,973 more words

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Lenders drove the boom and the bust

In the years leading up to the 2008 financial crisis, trillions of new dollars flooded into housing.  Why?

Was it coaxed into the housing market by borrowers who convinced bankers they could pay back the loans? 2,115 more words

Finding A Fix