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The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression.
The global financial crisis (GFC) refers to the period of extreme stress in global financial markets and banking systems between mid 2007 and early 2009.
4 days ago · The financial crisis of 2007–08 was a severe contraction of liquidity in global financial markets that originated in the United States as a result of the collapse of the U.S. housing market.
Dec 18, 2023 · The 2007–2008 financial crisis was a global event, not one restricted to the U.S. Ireland's vibrant economy fell off a cliff. Greece defaulted on its international debts. Portugal and Spain...
Jun 11, 2024 · The 2008 Global Financial Crisis remains one of the deepest economic downturns in modern history and deserves special attention, as its causes, effects, response, and lessons are still...
Jul 17, 2018 · Instead, Crashed gives readers a detailed and superbly researched account of the origins and consequences of the wave of financial crises that emanated from the core of the global financial...
May 13, 2015 · The crisis threatened the global financial system with total collapse, led to the bailouts of many large uninsured financial institutions by their national governments, caused sharp declines in stock prices, followed by smaller and more expensive loans for corporate borrowers as banks pulled back on their long-term and short-term ...
May 24, 2019 · The 11 articles summarized in the Brief provide an overview of recent research that not only offers insights into the 2008 crisis but also describes lines of inquiry and findings that go beyond understanding the origins of the global financial crisis.
4 days ago · The Global Financial Crisis - Statistics & Facts. From the summer of 2007 until 2009, countries across the globe were gripped by financial crises that had been triggered by the collapse or...
Sep 13, 2018 · McKinsey analyzes the global financial crisis impact a decade later and discusses whether the global economy is secure.
