Lesson 24: Lessons Learned from the 2008 US Mortgage Crisis

April 13, 2021

Zoom meeting link

Review:

• Keystone XL
• Latin America Map and Video Review
• Schedule
  • Apr 20-22 No class, Spring Break
  • Apr 27-29 Review for Final Exam
  • May 4 Final Exam

• 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