The 2008 Recession

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How was the market revived in your opinion?

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Bailouts.

20B in revenue from Singapore!!!!

Cash for clunkers
Solyndra
Fast and Furious
Obamacare

Trillions of dollars of printed up money to prop up the stock market for Jug Ears.

Quantitative Easing. QE1, QE2, QE3, ...

Economies naturally recover

It's called the cycle

What do you mean, ‘assuming you acnkowledge there was a recession’? Who the hell have you ever seen not acknowledge that the great recession happened? Is that really how lowly you think of other people?

And it really wasn’t a national recession, it was a global recession.


But to get to the question you are trying to ask, bailing out the banks was largely successful in saving the financial sector. But being that it was the financial sector who caused the recession in the first place, there’s an ethical discussion to be had about whether or not they truly deserved to be saved. Ultimately we did because they unfortunately have disproportionate power over the rest of our lives (the 5 biggest banks held assets worth 43% of US GDP in 2006 - up to 56% by 2012). But after the financial sector was saved, the economy gradually improved as markets self corrected. Though as another poster mentioned, it took significantly longer to recover than any other recession of our lifetimes.

But yea, this was a piss-poor way to ask about the great recession OP

When you do absolutely nothing recessions end. Look up some history. The normal growth rate in recovery when you do nothing is 4%.
The growth rate under Obama's recovery was 1%. The lowest in history.

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Assuming you acknowledge that were was a national recession in 2008,

What would you attributed the turn around in the market from 2008 to today's market?

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Is English your first language?

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Ehhh, the Great Depression might disagree with you.

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Uh, the Great Depression agrees with me. They did not leave things alone. They did TONS of shite that prolonged it.