Stories from 2008's Great Recession | 60 Minutes Full Episodes

Comments · 1.2K

• CH

  @chicomildanaw5639 · 8 months ago

  The algorithm wanted me to see this at the start of 2026 🤔

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• MI

  @mintybadger6905 · 2 years ago

  I was working for Lehman brothers right until it crashed and burned. After all these years, all I can see is insatiable greed from the top to the people who borrowed money they knew they couldn’t repay - off of houses they couldn’t milk equity from every 6 months any longer. I saw all those subprime loans, it’s ridiculous how everyone thought the good times were going to last.

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• EV

  @evanc8057 · 3 years ago

  Thank you 60 minutes for uploading these. It's so important to have easy and free access to our history so that we can learn from the past.

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• SR

  @srinivasnallandhighal · 3 years ago

  To this day, not a single person who cooked the books went to jail. We have a failed system.

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• NI

  @nicholasweber5186 · 3 years ago

  I'm glad we are looking back at the 2008 recession. I think much of what went on hasn't been investigated properly. I know, in my neighborhood we starved. Several days with no food sometimes and this was never reported. I lived near some railroad tracks and shanty towns of hundreds of people popped up. I wish these stories of regular Americans could be told also because they certainly were not at the time.

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• PH

  @PhilipMurray251 · 3 years ago

  America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun.. Lloyd Bernard

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• AR

  @area52music · 2 years ago (edited)

  ive been saying for years, we are still technically in the '08 depression. Millenials got absolutely devastated by it. It happened right as we were trying to get into the workforce. I was never able to get a real job, and college graduation value also crashed at the same time. Nightmare.

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• ST

  @stephenpotter21 · 3 years ago

  So I remember I just got married and got my first home few months before the crash happened in 2008, with huge mortgage loans, of course, and a couple tens of thousands of dollars in the stock market, which got wiped out while I lost my home. It really ruined my finances. I have since recovered, and have been able to build up to $380k again in portfolio, but I can see the trend again, and I'm really worried about how to protect my finance this time around.

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• SO

  @sometimetyler · 1 year ago

  The commercial mortgage crisis is looming right now. Look at how many empty commercial spaces are vacant nationwide.

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• KU

  @KunalNatu · 3 years ago

  It’s so ominous how these were uploaded and Silicon Valley Bank went under three weeks later….😳😳😳

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• MA

  @macariosanchez5640 · 3 years ago

  "Usually behind great wealth there is a great crime."

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• JC

  @JCAR66 · 1 year ago

  Gettin ready for the sequel

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