Lesson 24: Lessons Learned from the 2008 US Mortgage Crisis

April 16, 2020

Join Zoom Meeting
https://csupueblo.zoom.us/j/665242690?pwd=K2JpVDN4aHZjdjJpQm1XaVZuV3p0dz09

Meeting ID: 665 242 690
Password: 866258

Review:

• Latin America Exam
• New Course Offering
  • Real Estate Investment (Online MBA course)
  • Summer “B” session

Presentation:

• Geography of North America

• Raven Maps

• 2008 Mortgage Crisis in the US
  • Monetary Policy
  • Financial Deregulation
  • Housing Market Collapse
  • Recovery
    • Warren Buffett on Charlie Rose
    • Economic Recovery [@ 06:30]
    • Housing Recovery [@ 07:00]
    • Fiscal Policy [@ 10:00]
    • Buffett Rule (Higher tax on income over $1M) [@14:00]
    • Berkshire Hathaway Annual Letters
  • Where to next?
    • Another bubble?
    • Another crisis?
    • 10-2 Yield Spread

Assignment:

• Watch Warren Buffett on Charlie Rose
• Recommended (not required)
  • Berkshire Hathaway Annual Letters
  • Money for Nothing: Inside the Federal Reserve
  • The Big Short