2008 Was Just A Taste Of What's Coming... [2020 Recession]

Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . 🚨Open a stock brokerage account with Webull & get free stocks! http://bit.ly/m2WebullFreeStock *Minority Mindset is a partner with Webull. If you use them, we will get compensated, but there's no additional cost to you. The 2008 crash was devastating. It forced the government to create TARP which is a program that bought up bad investments called CDOs - now, in 2020, the government is doing it again. This time, with corporate debt. Subscribe To Our Channel: http://bit.ly/M2YouTube 🚨Subscribe to our FREE Finance & Business Newsletter🚨 Financial News You Can Finally Use: http://bit.ly/M2FreeNewsletter Recommended: Things You NEED To Understand About The New Economy: https://www.youtube.com/watch?v=Ziya5w6BELg&list=PLKsS_EjCEmdpTPQF64uDehmbsuHkB5P-i Investing Your Money: https://www.youtube.com/watch?v=U7tJn4qv8Lk&list=PLKsS_EjCEmdojUw_JdJgLKkyPiGJphcmK Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef The Business That's Too Big To Let Fail (HINT: It's not who you think...) 0:26 - What does the phrase too big to fail mean from the 2008 financial crash 1:30 - This 2020 crisis will be known as the crisis where we bail out industries that were too big to fail because the Fed might start buying stocks to bail out the stock market 2:36 - In 2008 TARP - the Troubled Asset Relief Program was created to help bailout banks 3:40 - How banks created CDOs - collateralized debt obligations to market and sell bundles of mortgages to other banks and investors 5:20 - Now in 2020, it's not the real estate market crumbling it's the stock market 6:03 - The corporate debt bubble 6:50 - The Fed offered to buy corporate bond funds 7:40 - The Fed might start buying stocks on the stock market 8:35 - How to invest in stocks using Webull 9:20 - Why would the Fed want to start buying stocks 12:25 - How to take advantage of the current economic conditions What Is The Minority Mindset? We are a financial news & education company. The Minority Mindset has nothing to do with the way you look, your ethnicity, or your skin color. It's the mindset of thinking differently than the majority of people when it comes to your money. #MIH #GetMoneySmart Check out some of our recommended products! Please note: some of the links are from our sponsors, so if you use them, we will get compensated. There's no additional cost to you. ---------- ➤ Fundrise 1) 🏠 Fundrise - Invest in real estate with as little as $500! See the historical returns here: http://bit.ly/InvestFundrise ---------- ➤ CIT Bank 2) 🏦 CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply: http://bit.ly/CITsavings ---------- ➤ Webull 3) 📈 Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: http://bit.ly/m2WebullFreeStock ---------- ➤ Credit Cards 4) 💰 Credit cards are great if you know how to use them the right way. Here's a breakdown of our favorite cards: Best cash back credit cards: https://theminoritymindset.com/best-cash-back-credit-card-personal/ Best travel credit cards: https://theminoritymindset.com/travel-credit-card/ Best business credit cards: https://theminoritymindset.com/business-credit-card/ ---------- ➤Credible 5) 💸 Credible - Refinance your student loans with the lowest interest rates possible - see how much you can saving: https://bit.ly/m2RefinanceLoan ---------- ➤ Policygenius 6) 🛡 Policygenius - make sure your family is protected with life insurance. Policygenius will find you the best deal at no additional cost: http://bit.ly/PolicygeniusLifeYT ---------- ➤ Airbnb 7) 🏘 Airbnb - earn extra income by listing your home: http://bit.ly/M2Airbnb ---------- Twitter: https://www.Twitter.com/MinorityM1ndset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/su0Ty_Ic-oA Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.