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What changes in the 1970's led up to the 2008 financial crisis?

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Many Brokers and Big Banks had given multiple unrestrained markets. Many believedthat there shouldn’t be any regulations on credit default swaps. The oil crisis had also pressured banks to put money to work and created many subprime mortgages. This ultimately led to the financial crisis downfall. Big Banks fell from about 40% to 25%. Loans ultimately increased from around 20% to about 50%.
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