What really happened? Nobel prize-winning economist Robert M. Solow, vice chairman of the Urban Institute Board of Trustees, explains why a stateside housing slump turned into a global economic crisis and how we can prevent another breakdown.
1. What makes this recession different from others we've seen?
How over-leveraged financial institutions turned a housing slump into a global economic crisis (or how a bad mortgage in Oklahoma can sink a bank in Paris). [video - 4:49]
2. Bailing out the bankers
Why the bank bailout was necessary, why we need financial markets in the first place—and how we can prevent another breakdown. [video - 12:22]
3. Is the stimulus working?
A slow recovery, like ours, keeps unemployment high, which in turn, inhibits growth. Do we need further stimulus to speed things up? [video - 7:33]
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