Tom Bilyeu's Impact Theory cover image

Emergency Episode: Why This Financial Crisis Is Worse Than 2008 | Balaji Srinivasan Pt 1

Tom Bilyeu's Impact Theory

00:00

The Government's Push for Affordable Housing and the Financial Crisis

Government policies pushed banks to extend mortgages to people who couldn't pay/nThis was driven by a moral imperative for affordable housing goals and ending redlining/nThere hasn't been a documentary that shows the extent of government push for this/nBanks were often acquired by those who extended these mortgages/nESG-style goals were driving this push/nBush administration's drive for homeownership was a fuel for the housing bubble

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner