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- George W. Bush uttered 'the 10 most important words in the history of economics' in 2008, Warren Buffett says
  President George W. Bush. At the height of the 2008 financial crisis, Bush said: “If money isn’t loosened up, this sucker could go down ...
  Moneywise via Yahoo
  10 hours ago
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2008 financial crisis timeline

2007–2008 financial crisis
Global financial crisis triggered by bursting of the United States housing bubble and the devaluation of housing-related securities
The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression. Predatory lending in the form of subprime mortgages targeting low-income homebuyers, excessive risk-taking by global financial institutions, a continuous buildup of toxic assets within banks, and the bursting of the United States housing bubble culminated ... Wikipedia
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