Published On May 2, 2022
In 2008 the world experienced one of the greatest financial turmoils in modern history. Markets around the world started crashing, stock prices plummeted, and major financial institutions, once thought to be invincible, started showing signs of collapse. Governments responded quickly, issuing massive bailouts and stimulus packages in an effort to keep the world economy afloat. Although we’ve been told that these drastic measures prevented a total collapse of our system, a sense of unease fills the population. In the world of finance, indeed in all facets of modern life, cracks have started to appear. What lies ahead as a result of these bold money printing measures? Was the financial crisis solved, or were the problems merely kicked down the road?