The Financial Crisis And You

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The 2008 Financial Crisis and You To start off with, I would like to thank Mr. Nolan for inviting me back to Sandalwood to try my hand at lecturing to a bright eyed bunch of Senior 's today. It is crazy to think that just a year ago I was sitting exactly where you are and thinking all the same things. I remember that I couldn’t wait to get out of these halls and out into the real world. I couldn’t wait to come out into my own and learn things in an area of study I was passionate about. For those of you who already know what you want to study and what you want to do with your life- THAT IS GREAT!- trust me when I tell you whatever plans you have for your future after high school will teach you more about life in one year than you ever…show more content…
All of which will open your eyes to the local and global economies surrounding you. I do not want to take much of your time today but I do want to be thoroughly clear on why an understanding of the 2008 financial crisis is of importance to people your age. I am sure all of you have taken the required American Government class here but the political economy is not really addressed in that courses curriculum. Nonetheless, I plan on sharing with you a decent crash course about the “so what” factor of the crisis. What I want you to take away from my lecture is what happened that led up to the crisis, what occurred during the crisis, and how and why the effects are important. If you wanted a more professional crash course I would direct you to John Greens crash course YouTube video "The Great Depression: Crash Course US History #33" for more of a well-rounded view about what generally happened because this Crisis is very similar. You could also find a really thorough analyses in Part II of Schwartz 's "States versus Markets: The Emergence of a Global Economy" Textbook used for UF 's Politics of the World Economy course. I will be referencing from this textbook and Paul Krugman’s work “How the Case for Austerity has crumbled” in my lecture. For the sake of time I will not be able to touch on another one of Krugman’s influential articles, but if I spark your interest
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