The Sub-Prime Mortgage Crisis (1 Dez 2007 Jahr – 1 Jan 2010 Jahr)
Beschreibung:
A nationwide financial crisis triggered by the decline of house prices after the collapse of the housing bubble. Two causes were a rise in subprime lending and and increase in housing speculation. Caused the US to enter a recession and lose approximately 9 million jobs during 2008 and 2009.Zugefügt zum Band der Zeit:
Datum:
1 Dez 2007 Jahr
1 Jan 2010 Jahr
~ 2 years
