Financial Deregulation

The transformation of mortgage lending from personal relationships to securitized markets had significant consequences for borrowers and lenders.

The collapse of the dot-com bubble in 2001 marked a significant moment in US economic history, fueled by speculation and easy credit. Alan Greenspan's leadership as Chairman of the Federal Reserve played a crucial role in shaping monetary policy during this period.

The rise of household indebtedness in America, a phenomenon driven by financial deregulation, subprime lending, and credit card usage, has significant implications for individual households, the economy, and policymakers.

The rise of credit-driven consumerism in post-war America led to increased consumption patterns, rising debt levels, and widening income inequality.