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What was the reason for the financial crisis 2008?

What was the reason for the financial crisis 2008?
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3 votes
What was the reason for the financial crisis 2008?

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User Ncank
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1 Answer

3 votes
The cause was the huge increase of mortgage rates and caused the economy to crash. also Obama. no just kidding only idiots ay that it was him because he hadn't been the president for a year yet so yeah.
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User Lakshma Gopidi
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