Macroeconomics-Financial Crisis of 2008, business and finance homework help (800-1000 words)

In 800 to 1,000 words, answer the following in APA essay form,
including at least 5 references, 3 of which MUST BE credible, online sources.(Wikipedia
is NOT credible)

The financial crisis of 2008 caused macroeconomists to rethink
monetary and fiscal policies. Economists, financial experts, and government
policy makers are victims of what former Fed chairman Alan Greenspan called a
“once in a century credit tsunami”.

Since then, there have been various legislative and policy
strategies considered and implemented to ‘fix’ the problems that allowed the
crisis. The true question is whether we are headed down the same path, and if
the ‘victims’ of the 2008 crisis have done anything to shift the tide. Review the
clip at http://www.clipsyndicate.com/video/playlist/10833/5564674?cpt=8&title=cengage_broadcast&wpid=6424
and review your own additional research, then share your thoughts on what
caused the financial crisis and whether the United States is going in the right
or wrong direction with its current policies. In explaining your position, be
sure to include cited research that supports your consideration,
recommendations for safeguards going forward, and what role, if any, government
should play.

Your discussion should include reflections on both monetary and
fiscal policies, clearly noting which caused/remedied the crisis. Make sure you
include the following concepts in your analysis:

• Interest rates
• The financial services
  industries (CDOs, CMOs, the stock market, credit flows, money markets,
  etc.)
• Tax rebates
• Stimulus
• TARP
• Government debt and
  deficit
• Inflation
• Unemployment
• Immigration
• GDP