Question: Question 2 (25 marks) Please explain how the financial crisis occurred during 2007-2008 in U.S. (Hint: housing bubble, financial innovation, etc.)

Question 2 (25 marks) Please explain how the financial crisis occurred

Question 2 (25 marks) Please explain how the financial crisis occurred during 2007-2008 in U.S. (Hint: housing bubble, financial innovation, etc.)

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