| Season 5 Episode 68 | Vocabulary Preview for Reading | Credit Crunch


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Jan 23 2020 8 mins   2
Oh, it's time. We need to talk about the most important financial time of the past three decades. In America, the financial market sent shockwaves everywhere when subprime (also known as CDOs) were passed like hot potatoes amongst the biggest banks in the world. When the CDO's value went to s***, so did the companies. Bear Stearns collapsed on a biblical scale, and Lehman Bros followed suit, among so many others. CDOS slammed the housing market and the value of homes deteriorated. Americans had become homeless, lost their jobs, 401ks, and more -- making it the stain of the 00s. So, let's do some talking first about vocabulary. Remember, this is just a previews. The big podcast is the next one. Pronunciation Course Phase 1: https://www.udemy.com/course/arsenios-american-esl-pronunciation-phase-1/?referralCode=8C3941AAFB58102377C4 Book A Call With Me: https://calendly.com/arseniobuck/45min Patreon: https://www.patreon.com/arseniosesllearning Podcast on Spotify: https://open.spotify.com/show/7hdzplWx6xB8mhwDJYiP6f Podcast on ListenNote: https://www.listennotes.com/c/778cf3cfd2564ba5b01f693bfebc96de/arsenio-s-esl-podcast/ Podcast on CastBox: https://castbox.fm/channel/Arsenio's-ESL-Podcast-id1251433?country=us Facebook: https://www.facebook.com/Arseniobuck/?ref=bookmarks Youtube: https://www.youtube.com/channel/UCIzp4EdbJVMhhSnq_0u4ntA Website: https://thearseniobuckshow.com/ Q & A: [email protected] LinkedIn: https://www.linkedin.com/in/arsenio-buck-9692a6119/ Instagram: https://www.instagram.com/thearseniobuckshow/?hl=en Buzz sprout: https://www.buzzsprout.com/165390 Support the show (https://www.patreon.com/arseniosesllearning)