How did free market fundamentalism contribute to the US globalfinancia...

How did â€œfree market fundamentalismâ€ contribute to the US/global financial crisis of 2008? How do the...

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Economics

How did â€œfree market fundamentalismâ€ contribute to the US/globalfinancial crisis of 2008? How do the makers of the film The InsideJob criticise public and private actors in this crisis? What roledid the US state play (or refused to play) in this crisis? Why? Canyou draw parallels between this crisis and the 1997-98 East Asiancrisis?

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Hi Free market fundamentalism caused US banks to offer cheap credit to borrowers without any government regulations So the free market allowed the banks to carry risky activities without anyone questioning them the film Inside Job exposed the systemic See Answer

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How did â€œfree market fundamentalismâ€ contribute to the US/global financial crisis of 2008? How do the...