Categories
Academic Papers economy Nguyen Manh Kha

The “Black-hole” in the 2008 Financial Crisis

The 2008 financial crisis wasn’t just a market crash—it was the result of unchecked greed, risky lending, and a housing bubble that spiraled out of control. Millions lost their homes, banks crumbled, and governments were forced to intervene. History has a way of repeating itself, and understanding the “black hole” of 2008 is key to preventing future financial disasters.