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The world was hit by a major recession in the year 2008, caused in part by a massive housing bubble in the United States. Banks had been lending money to almost anyone (even if they couldn’t afford it) and investors had been assuming that house prices would continue rising. 

They were wrong. 

Today I want to talk about the financial crisis, the housing bubble, and the man who had been predicting a financial collapse for years. In order to talk about this topic, we need to understand and know how to use the past perfect continuous tense. 

Let’s practise the past perfect continuous and learn about the financial crisis!

Transcript - https://thinkinginenglish.blog/2025/01/13/the-2008-financial-crisis-and-housing-bubble-past-perfect-continuous-english-grammar-lesson/

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Vocabulary

• Ban (Noun/Verb): An official prohibition or restriction of something.
• Comply (Verb): To act according to a rule, order, or request.
• Enforce (Verb): To make sure laws or rules are followed by applying authority.
• Age Verification (Noun): The process of confirming someone's age to ensure they meet age-related requirements.
• Regulate (Verb): To control or supervise something by implementing rules or laws.
• Addictive (Adjective): Causing a strong and harmful need to regularly have or do something.
• Motivation (Noun): The reason or reasons one has for acting or behaving in a particular way.

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