THe 2008 crash happened when the banks were seriously undersupervised and commercial banking and investment banking were comingled. As to whether we are in for a big crash, a lot depends on how well the Trump administration supervisors the behavior of major financial actors. Incidentally, if you have not seen “The Big Short” you should try to rent it. It details many elements of the 2008 crash.
Thank you.
I’ll check it out.