The Great Recession of 2008 (1 Dez 2007 Jahr – 1 Jun 2009 Jahr)
Beschreibung:
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 investments in subprime mortgages. The Great Recession that followed cost many their jobs, their savings, and their homes. These effects were exemplified by the 9/11 terrorist attacks.Zugefügt zum Band der Zeit:
Datum:
1 Dez 2007 Jahr
1 Jun 2009 Jahr
~ 1 years and 6 months