The 2008 financial crisis and the recession are one of the most discussed topics in economics. The world is facing another recession in 2022. This video explains the reasons behind the 2008 financial crisis and the 2008 recession. The video covers concepts like mortgage-backed security (MBS), collateralized debt obligation (CDO), credit default swap (CDS), subprime loans etc in a simple way. The video also explains how the housing crisis in the USA and how led to a subprime mortgage crisis and later resulted in the crash of the US stock market as well as other stock markets around the world and ultimately the 2008 financial crisis and a recession. #recession #stockmarket #alexplain alexplain is a Malayalam channel where must-know things around the world are explained in the simplest way possible. The videos cover topics like things to know about India, recent current affairs, explanations on politics, economics, history, science, and technology, etc. The videos in this channel will help you gain knowledge of different things around us. FB - https://www.facebook.com/Alexplain-104170651387815 Insta - https://www.instagram.com/alex.mmanuel/