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The Global Financial Crisis Explained in 2 Minutes in Basic English 

Afzal Hussein
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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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15 окт 2024

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Комментарии : 66   
@AfzalHussein
@AfzalHussein 5 месяцев назад
Get all 9 of my Career Guides (plus my Goldman Sachs CV and Cover Letter) for £29.99 here: careerguides.io/plus
@Hope-rr2uq
@Hope-rr2uq 9 месяцев назад
thanks man i just saw your video before my exam . in really helped me 😃
@Luna-qu1xp
@Luna-qu1xp Год назад
Really enjoyed this video! Been asked to explain this in plain English in several interviews
@AfzalHussein
@AfzalHussein Год назад
Thanks!
@TheSleepSteward
@TheSleepSteward 4 месяца назад
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.
@sound_illusion
@sound_illusion Год назад
Good topic to talk about and break it down as most people have no idea about the inner workings of how this all happened
@littlevivi
@littlevivi Год назад
Great concise video, really like the structure and edit!
@AfzalHussein
@AfzalHussein Год назад
Thanks! 😊
@AftabNasir_hd
@AftabNasir_hd 6 месяцев назад
Liked the Video. Thanks. Subscribed!!
@AfzalHussein
@AfzalHussein 6 месяцев назад
👍🏽
@noisepollution6761
@noisepollution6761 6 месяцев назад
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
@dees900
@dees900 Год назад
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?"
@thetimemaster1475
@thetimemaster1475 Год назад
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.
@kresokatic
@kresokatic Год назад
That is one fine piece of screen behind you
@AfzalHussein
@AfzalHussein Год назад
😄😄
@abdulahadm
@abdulahadm Месяц назад
How about a video on Conventional Finance and Islamic Finance. Would be helpful for a lot of us who want to work in finance but also in line with our religious beliefs.
@forkuoleslie6065
@forkuoleslie6065 Год назад
Please talk about the global economic crisis in recent times
@Monesave
@Monesave Год назад
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.
@NoOneAtAll666
@NoOneAtAll666 Год назад
Great video well done
@AfzalHussein
@AfzalHussein Год назад
👍🏽
@ksenyat317
@ksenyat317 Год назад
Great content, as always!
@Omar-sq6zz
@Omar-sq6zz Год назад
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
@AfzalHussein Год назад
Added to the list!
@Omar-sq6zz
@Omar-sq6zz Год назад
@@AfzalHussein thank you. Looking forward to the video
@mr.erickmwacha8575
@mr.erickmwacha8575 5 месяцев назад
Pay particular attention to the roles played by financial institutions, regulatory bodies, and market mechanisms during this period of economic upheaval.
@abdibiya6124
@abdibiya6124 Год назад
Good lecture
@mr.erickmwacha8575
@mr.erickmwacha8575 5 месяцев назад
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 RU-vid 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
@joshuagoodloe605
@joshuagoodloe605 3 месяца назад
good stuff
@akashdamani4534
@akashdamani4534 Год назад
Please explain NPV in short ...
@KripaMathew-cj7rx
@KripaMathew-cj7rx Год назад
Thanks alot
@yungh6315
@yungh6315 11 месяцев назад
How does this crises affect investment banking
@Deboi_
@Deboi_ 5 месяцев назад
Thanks
@subratadutta1571
@subratadutta1571 Год назад
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 🙏🙏
@Люси-э1ъ
@Люси-э1ъ 10 месяцев назад
what about global crisis in climate?🌋🌎
@stevewilson3791
@stevewilson3791 6 месяцев назад
Why did the ‘have to be bailies out’.
@meetpatel9690
@meetpatel9690 Год назад
I want to become investment banker but i don't have tier 1 college degree so cfa will compansate with tier 1 college
@Billionswitch
@Billionswitch Год назад
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
@AfzalHussein Год назад
Pleasure!
@maryalchester
@maryalchester Год назад
Yvonne Annette Lively? The FM with currently with Morgan Stanley?
@Bianca.rantzsch
@Bianca.rantzsch Год назад
@@maryalchester yeah. She was recently on a fin-up pod with Tate. Averages about a 15% roi! Wild.
@Bianca.rantzsch
@Bianca.rantzsch Год назад
@@maryalchester yeah. She was recently on a fin-up pod with Tate. Averages about a 15% roi! Wild.
@mohammadnomanpayam4788
@mohammadnomanpayam4788 Год назад
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.
@Nick-du9ss
@Nick-du9ss Год назад
I want to get into investment banking but i am afraid of artificial intelligence
@thetimemaster1475
@thetimemaster1475 Год назад
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
@Nick-du9ss Год назад
@@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
@thetimemaster1475 Год назад
@@Nick-du9ss what do you mean my video? I never made a video on that or said that.
@Nick-du9ss
@Nick-du9ss Год назад
@@thetimemaster1475 sorry i thought youtuber gave the reply
@thetimemaster1475
@thetimemaster1475 Год назад
@@Nick-du9ss no problem
@bobsacamano7653
@bobsacamano7653 4 месяца назад
Wait for it.... GFC 2.0 here now.
@Sunshin_Artistry
@Sunshin_Artistry 2 месяца назад
@JuliethMinde
@JuliethMinde 6 месяцев назад
Can give me a note please
@jarinorvanto4301
@jarinorvanto4301 10 месяцев назад
The more they regulate, the nastier it gets.
@LatifaAlly-xu8ng
@LatifaAlly-xu8ng 5 месяцев назад
Hey you can help me
@walterrussell7584
@walterrussell7584 10 месяцев назад
No the question is why do this
@mountaintwinfighters
@mountaintwinfighters 8 месяцев назад
🫡👍🏻
@imran8849
@imran8849 Год назад
9
@atharvabet6413
@atharvabet6413 Год назад
We Want Next Video on Taliban Please
@AfzalHussein
@AfzalHussein Год назад
Interesting..
@astherphoenix9648
@astherphoenix9648 Год назад
There's enough content on that in RU-vid brother
@gulzeb3348
@gulzeb3348 10 месяцев назад
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.
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