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  1. The 20072008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression.

  2. Jul 3, 2024 · The financial crisis of 200708 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.

  3. Dec 18, 2023 · What Was the 2008 Great Recession? The Great Recession was the sharp decline in economic activity that started in 2007 and lasted several years, spilling into global economies. It is...

  4. Dec 18, 2023 · The 2008 financial crisis began with cheap credit and lax lending standards that fueled a housing bubble. When the bubble burst, the banks were left holding trillions of dollars of worthless...

  5. Sep 14, 2018 · The warning signs of an epic financial crisis were blinking steadily through 2008for those who were paying close attention. One clue?

  6. Jul 17, 2018 · At the same time, the financial crisis really had left most countries permanently poorer than had been expected. People were in aggregate worse off. That misery did need to be shared out.

  7. Sep 13, 2018 · Ten years ago this week, the collapse of Lehman Brothers became the signal event of the 2008 financial crisis. Its effects and the recession that followed, on income, wealth, disparity...

  8. Sep 12, 2023 · The 2008-09 financial crisis sent the world into the Great Recession, the most significant economic downturn since the Great Depression. New legislation aimed to regulate financial...

  9. In 2008 the financial shock was at least as big, but the reaction was smarter and the economic fallout less severe. Five years ago the global financial system seemed on the verge of...

  10. On 15 September 2008 the investment bank Lehman Brothers collapsed, sending shockwaves through the global financial system and beyond. Visit our timeline to explore the events leading up to Lehman Brothers’ failure and what happened in the weeks that followed.

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