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2008 was a leap year starting on Tuesday of the Gregorian calendar, the 2008th year of the Common Era (CE) and Anno Domini (AD) designations, the 8th year of the 3rd millennium and the 21st century, and the 9th year of the 2000s decade.
The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the Great Depression.
Jun 8, 2020 · Layoffs, stock market crashes and bailouts - America has been through this before. Can we learn from the Great Recession of 2008, or are we doomed to repeat the mistakes of the past?
Sep 14, 2018 · The warning signs of an epic financial crisis were blinking steadily through 2008—for those who were paying close attention. One clue?
Apr 24, 2022 · The stock market crashed in 2008, as the Dow registered one of the largest point drops in history. Congress passed multiple acts and enacted economic stimulus plans to prevent the Great Recession from becoming the second Great Depression.
Jun 20, 2024 · By the fall of 2008, borrowers were defaulting on subprime mortgages in high numbers; the collapse of the financial markets and the global Great Recession ensued. Unprecedented Growth and...
Oct 24, 2017 · Although the effects on Canada were milder than on the United States and in Europe, the Canadian recession of 2008–09 was still severe enough to generate sharp declines in output and employment and to require significant responses by Canadian policy-makers.
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.
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 and ...
Dec 18, 2023 · Learn more about the causes, the events, and the aftermath of the 2007–2008 financial crisis and the Great Recession that followed it. The economic damage was immense.
