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Elizabeth Warren: “That's exactly what happened in 2008.”

Featuring: Elizabeth Warren, Democratic | U.S. Senate, Massachusetts

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Talk Easy Interview with Senator Elizabeth Warren on Constitutional Crisis and Public Education

Published | Video Starts at 36:01

And I'm out there, like, waving every red flag and flashing lights saying, they're going to bring down our economy. And when they do that, they're going to bring down millions of families. And sure enough, that is That's exactly what happened in 2008. But before that happens, in 1978, Congress passes a law to allow people and companies to declare bankruptcy. Bankruptcy Reform Act. Yeah. Yep. With a lot more ease. (36:01–36:06)

CLAIM

Asserts that the economic collapse she warned about occurred in 2008.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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