The Global Financial Crisis Explained in 2 Minutes in Basic English

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In this video I break down the complex events of the global financial crisis of 2007 in simple and easy-to-understand terms. This video will help you understand the root causes of the crisis and how it affected the world economy. From the subprime mortgage market to the collapse of investment banks, I'll explain the key players and events that led to the financial meltdown. Whether you're a student, a professional, or just someone who wants to learn more about finance, this video is for you. Get ready to gain a clear and concise understanding of the global financial crisis of 2007 and its lasting impact on the world economy, all in the space of 2 minutes!
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Hey! I'm Afzal Hussein. I make videos on banking and finance, careers, productivity and lifestyle. I'm also the founder of Simpley.io, and I teach on Skillshare. Before all of this I started my career working at an investment bank called Goldman Sachs. Hit the various links above to find out more about me. Thanks for passing by!
#Finance #Investment #Career #GlobalFinancialCrisis #FinancialCrisis #20072008FinancialCrisis #TheGreatRecession #SubprimeMortgageCrisis #HousingMarketCrash #CreditCrunch #BankFailures #Bailouts #EconomicDownturn #FinancialMeltdown #StockMarketCrash #LehmanBrothers #GlobalEconomicCrisis #FinancialInstability #EconomicCrisis #GlobalRecession #MonetaryPolicy #CentralBanks #EconomicHistory
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[@AfzalHussein]

Get all 9 of my Career Guides (plus my Goldman Sachs CV and Cover Letter) for £29.99 here: careerguides.io/plus

[@Hope-rr2uq]

thanks man i just saw your video before my exam . in really helped me 😃

[@TheSleepSteward]

Earned a sub. Been looking for someone to explain the damn thing but everyone uses complex "ideas" and words or just avoid the reasons all together. Great video.

[@Luna-qu1xp]

Really enjoyed this video! Been asked to explain this in plain English in several interviews

[@AfzalHussein]

Thanks!

[@sound_illusion]

Good topic to talk about and break it down as most people have no idea about the inner workings of how this all happened

[@ksenyat317]

Great content, as always!

[@littlevivi]

Great concise video, really like the structure and edit!

[@AfzalHussein]

Thanks! 😊

[@kresokatic]

That is one fine piece of screen behind you

[@AfzalHussein]

😄😄

[@dees900]

Could you please explain the concepts of securities or securitisation? What is the meaning of "These loans were packaged into financial securities that the investment banks were investing in?"

[@NoOneAtAll666]

Great video well done

[@AfzalHussein]

👍🏽

[@abdibiya6124]

Good lecture

[@thetimemaster1475]

Can you please explain ways to track the stock market and look for the best stocks? I want to do it, but I don’t know if I should read the Wall Street Journal or just look at graphs all day, it’s really confusing.

[@KripaMathew-cj7rx]

Thanks alot

[@AftabNasir_hd]

Liked the Video. Thanks. Subscribed!!

[@AfzalHussein]

👍🏽

[@noisepollution6761]

Nz's going through it now? I'm in transitional housing after being evicted for the housing interest rate hike in 2021. The Global Financial Crisis is still going and can only be resolved with our case. Tell me what's happening I'm making a big deal out of myself again

[@Deboi_]

Thanks

[@forkuoleslie6065]

Please talk about the global economic crisis in recent times

[@Monesave]

Done! We read this comment and created :) for you. Partly inspired by this video and several more we created a video that pulls on some similarities between the 2008 crisis and the 2023 one.

[@mr.erickmwacha8575]

Pay particular attention to the roles played by financial institutions, regulatory bodies, and market mechanisms during this period of economic upheaval.

[@mr.erickmwacha8575]

thanks Mr. I used Your video to Answer these Questions: Individual Assignment Drawing from the knowledge gained in the module Financial Market and Institutions (AFU 07211) at the Institute of Accountancy Arusha (IAA), and considering the course BAF I 2023-2024, explore into the intricacies of THE GLOBAL FINANCIAL CRISIS OF 2008-2009. Your task is to explore various KZbin videos that offer explanations about the events leading up to, during, and following the crisis. ✓ Write a report and in your report, concisely summarize the key points, causes, and consequences highlighted in the videos you watched. ✓ Pay particular attention to the roles played by financial institutions, regulatory bodies, and market mechanisms during this period of economic upheaval. ✓ Furthermore, analyze how the crisis impacted different sectors of the global economy and what lessons can be drawn from it for the contemporary financial landscape. ✓ Ensure to provide insightful commentary and critical analysis based on the perspectives shared in the selected videos

[@akashdamani4534]

Please explain NPV in short ...

[@Omar-sq6zz]

Can you do a video about treasury bills? like how to buy them, why buy a bond I have a limit of 10,000 per individual. How to buy more and where to buy them. Basically, a comprehensive video about treasury bonds.

[@AfzalHussein]

Added to the list!

[@Omar-sq6zz]

@@AfzalHussein thank you. Looking forward to the video

[@yungh6315]

How does this crises affect investment banking

[@subratadutta1571]

Hey Brother I Like Your Videos Very Very Much.... I Am Having A Request Pls Complete That Can You Tell Me How Can I Build My Own Investment Banking Company Like Goldman Sachs, Jp Morgan etc... Pls It Is A Request 🙏🙏

[@meetpatel9690]

I want to become investment banker but i don't have tier 1 college degree so cfa will compansate with tier 1 college

[@user-ym6wi5fk8f]

what about global crisis in climate?🌋🌎

[@bobsacamano7653]

Wait for it.... GFC 2.0 here now.

[@stevewilson3791]

Why did the ‘have to be bailies out’.

[@Ryanjcanfield]

Thank you for an amazing video. This goes to show why the analysis/open of an expert is crucial prior to venturing into a new business or investment. Consider myself, have consecutively losing half of my holdings few years back, I’ve able to build back up a $156k portfolio following Yvonne Annette Livelys guide. It’s more about know when to get in or get out.

[@AfzalHussein]

Pleasure!

[@maryalchester]

Yvonne Annette Lively? The FM with currently with Morgan Stanley?

[@Bianca.rantzsch]

@@maryalchester yeah. She was recently on a fin-up pod with Tate. Averages about a 15% roi! Wild.

[@Bianca.rantzsch]

@@maryalchester yeah. She was recently on a fin-up pod with Tate. Averages about a 15% roi! Wild.

[@jarinorvanto4301]

The more they regulate, the nastier it gets.

[@Nick-du9ss]

I want to get into investment banking but i am afraid of artificial intelligence

[@thetimemaster1475]

I honestly don’t think IB would ever be taken over by artificial intelligence. It’s a job that requires good techniques and skills you learn over time.

[@Nick-du9ss]

@@thetimemaster1475 yeah but you also said in your video that junior roles in investment banking will be replaced by ai Correct me if i understood wrong

[@thetimemaster1475]

@@Nick-du9ss what do you mean my video? I never made a video on that or said that.

[@Nick-du9ss]

@@thetimemaster1475 sorry i thought youtuber gave the reply

[@thetimemaster1475]

@@Nick-du9ss no problem

[@JuliethMinde]

Can give me a note please

[@mohammadnomanpayam4788]

Islam provides humanity with the best regulation. It prohibits any kind of usuary. In Islam, money should be exchanged in equal amounts and on the spot. It means that you cannot trade $1b for $2b that will be received in the future.

[@LatifaAlly-xu8ng]

Hey you can help me

[@imran8849]

9

[@walterrussell7584]

No the question is why do this

[@mountaintwinfighters]

🫡👍🏻

[@atharvabet6413]

We Want Next Video on Taliban Please

[@AfzalHussein]

Interesting..

[@astherphoenix9648]

There's enough content on that in KZbin brother

[@gulzeb3348]

Taliban are great people branded as terrorists. Their values different than West doesn't make them terrorist but West must know people have different ethoes.