The Sub-Prime Mortgage Crisis (1 dic 2007 año – 1 ene 2010 año)
Descripción:
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.
Añadido al timeline:
fecha:
1 dic 2007 año
1 ene 2010 año
~ 2 years