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What was a contributing factor to the economic crisis in 2008

User DariusV
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Credit default swaps and deregulation

User Polymerase
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The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. That created the financial crisis that led to the Great Recession.

User Stefanija
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