In 2008, the world watched as banks collapsed, stock markets crashed, and economies unravelled. In this episode, we explore how risky loans, financial greed, and a housing bubble combined to trigger the worst economic disaster since the Great Depression. From Wall Street to high streets around the globe, millions felt the shockwaves — and the aftershocks are still being felt today. Tune in to discover how the global economy nearly fell off a cliff in just a few minutes.

Please consider supporting the show by subscribing and leaving a review wherever you get your podcasts, and if you would like to support us more directly, by say, buying us a coffee, then please head on over to 5minutedisasters.com/coffee to see how.

An article supporting this episode can be found on the website at https://5minutedisasters.com/the-2008-global-financial-crisis/

Check out our other 5 Minute podcasts - 5 Minute Biographies, 5 Minute History, 5 Minute Murder, 5 Minute Mysteries, and 5 Minute Warfare at:

• 5minutebiographies.com
• 5minutehistory.com
• 5minutemurder.com
• 5minutemysteries.com
• 5minutewarfare.com