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Explain how the bank panics of 1930 to 1933 produced a decline in the nation's money supply. Why are such panics highly unlikely today---or, is
- Explain how the bank panics of 1930 to 1933 produced a decline in the nation's money supply.
- Why are such panics highly unlikely today---or, is history repeating?
- Research the movie, "The Big Short." You may access the link I am posting and follow several YouTube clips. Many may have adult material so that is up to you to access these links or simply read some posted information about the movie. The purpose is to revisit the housing bubble burst in 2007 and 2019 and respond to the following: Are we likely to experience another housing bubble burst? Support your response (why not and what will be the result, or, why and what will happen?)
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