Subprime mortgage crisis that happened 4 years ago had bring the biggest recession to the United States and world economy. If you are still new to investment and would like to understand more about the subprime mortgage crisis, then this video is for you. I think this video is the easiest media to understand subprime mortgage crisis as compare to story, news, books and etc.
US Credit Rating Downgrade to AA+
Credit rating agency Standard And Poor downgraded the US credit rating from AAA to AA+ for the first time since the U.S. won the top ranking in 1917.
What Is Subprime Mortgage
Subprime mortgage that happen in United State had caused the world economy in depression since fourth quarter in 2007. So what subprime mortgage is? Let us go deeper inside to know more about it.
