When Logic Failed!
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When Logic Failed!
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About this listen
How did a few unpaid mortgages in the suburbs almost destroy the global banking system? In this episode, we strip away the Wall Street jargon to explain the 2008 Financial Crisis using simple, fundamental logic.
We break down the "Mortgage Machine," the collapse of Lehman Brothers, and why the government spent $700 billion on bailouts. Discover how this crash didn't just break the banks—it rewrote the rules for the tech giants and the "cheap money" economy we live in today.
This is the ninth episode of season one: The Greatest Events That Shaped How Business Works Today.
Got ideas for future themes? Let us know what you’d love to hear in upcoming seasons.
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