The core of the US financial system destabilized in 2008, 2019, and 2020.

The core of the US financial system destabilized in 2008, 2019, and 2020. What is going wrong? Give a reasoned opinion based on Fred data and class readings. Assume your target audience is Intermediate Macro level.

EVIDENCE: In addition to using class readings, you should use data from FRED and the latest Financial Accounts (Z.1) the numbers. Make explicit use of the Z.1 numbers by creating tables or charts. Other economic measures, like GDP, CPI, etc., can be found at the St. Louis Federal Reserve’s FRED website.

You may use sources in addition to course readings and Fed data. If other sources are used, they should be in text form: either quoted or paraphrased.

Only references to class readings can earn evidence points.

PARTICULARS

The paper’s text will be at least 1,500 words (about six pages) not counting charts, but it can run longer if you have relevant arguments to make.

Papers will be submitted as a Microsoft Word document submitted through TCU Online.

Papers will be double spaced with Times New Roman 12 point font.

Papers will use a student’s TCU ID number rather than their name.

Papers will use brief citations (author page number) to refer to relevant class readings.

Evidence points will focus on class readings. No outside sources will be used.

Endnotes or footnotes can be used if needed.