Скачать или смотреть What Was The Savings And Loan Crisis During Reagan's Presidency? - Making Politics Simple

What Was The Savings And Loan Crisis During Reagan's Presidency? The Savings and Loan crisis during Ronald Reagan's presidency serves as a significant chapter in American financial history. In this informative video, we will break down the events that led to this crisis and its far-reaching consequences. We will outline the economic conditions of the late 1970s and early 1980s, including the role of high interest rates and how they affected savings and loan associations.

Additionally, we will discuss the impact of deregulation during this period, particularly through the 1982 Garn-St. Germain Depository Institutions Act, which allowed these institutions to take on riskier financial practices. You will learn about the poor investment choices and instances of fraud that led to the failure of hundreds of savings and loan associations.

The video will also highlight the government's response to this crisis, including the substantial financial burden placed on taxpayers due to bailouts. Finally, we will reflect on the lessons learned regarding the balance between regulation and market freedom in the financial sector. Join us for this comprehensive discussion, and subscribe to our channel for more engaging content on political and economic issues.

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