Sentences with phrase «american housing market crash»

Lubin argued the cryptocurrency bubble is fundamentally different from the American housing market crash of 2008 and Dutch tulip mania in the 17th century, to which the bitcoin gold rush has been compared.

Not exact matches

Credit default swaps figured prominently in the financial crisis, notably in the near - collapse of American International Group, a giant insurer that sold protection to investors in home mortgages but couldn't pay out on the policies when the housing market crashed.

Opinion: When the U.S. housing market crashed many Americans simply abandoned their mortgages.

«Since my first day in office, I have insisted that there must be accountability for the misconduct that led to the crash of the housing market and the collapse of the American economy,» said Schneiderman in a statement.

At the center of the economic collapse that struck the global economy in late 2007 was the crash of the American housing market.

A more serious question now: while the Canadian housing market is too small to precipitate the world wide financial meltdown that the American housing crash did, would it not be prudent to set aside some cash so that should the TSX make a precipitous drop due to our own home grown housing meltdown...