Stagnation of the Global Economy by Financial Decisions is an article that I published on July 23, 2015. It described the credit crash of 2008. Egotism and innumeracy were described to be causes of bad financial decisions, and psychiatric barriers were noted to be obstacles of recovery from the credit crash.
Psychological Course of the Credit Crash of 2008 is an article that I published on November 5, 2016. It described the credit crash of 2008, and psychologies of the national economy that influenced the progression of the credit crash. Original causes were identified, and described. American culture was enumerated to show causes and solutions.
The credit crash of 2008 was enormously destructive to the factors of production. Entrepreneurship was restrained, land was ignored, capital was wasted, and labor was idle. The credit crash was an enormous obstacle to home life and honest employment, and progressive evolution succeeded every time that causes returned to frustrate and complicate constitutional life.
The credit crash of 2008 was primarily affairs of certain individuals with financial risks that were associated with original causes. Federalism was neglected tremendously. Arts and technologies suffered most. Psychotechnologies and intellectual inventions were held back from public use. Globalization of cultures, academics, and technologies suffered repeatedly until they broke down.