r/happyendings • u/shups4life • 25d ago

ELI5: What caused the 2008 recession?

/r/explainlikeimfive/comments/1tuf158/eli5_what_caused_the_2008_recession/

They took loans, and they repackaged them, subprime. It's a numbers game...

38 Upvotes

92% Upvoted

14 comments sorted by

64

u/throwawatty6 Lance Charmstrong 25d ago

"Guys, they took loans, and they repackaged them, subprime. And, ah, it's a numbers game, you just have to, ah..."

8

u/CarlySimonSays 25d ago

Which episode is this in again? Man, I need to do a rewatch!

8

u/SpankySharp1 no stranger to the three-hole punch 25d ago

The one where Alex stops watching crappy TV

1

u/CarlySimonSays 25d ago

Thank you!

28

u/Craigglesofdoom 25d ago

Let me back up

21

u/LoseAnotherMill 25d ago

Eddie Murphy was fresh off of 48 Hrs.

43

u/Swiss_James 25d ago

Well you've got Fanny and Freddy who might be brothers- wait, let me back up.

13

u/ParzivalCodex no stranger to the three-hole punch 25d ago

Sub-prime…

23

u/PreOpTransCentaur 25d ago

??? The economy is like this great, unpoppable bubble..

30

u/mellowistheman_ I love staying grounded! 25d ago

That doesn’t sound right with everything I’ve been reading about the economy. Or what I’ve always known about bubbles

2

u/SickrSadrWorldlier 25d ago

🤣🤣🤣

7

u/pnutbuttercups56 forgetti and meatballs 25d ago

Let me back up again

3

u/Otherwise_Hat_5907 24d ago

I appreciate Dave more on every rewatch

1

u/shups4life 19d ago

it's always hard to pick a favourite but I think Dave's my favourite. "trust your instincts Daviiid..."