The Sub-Prime Mortgage Crisis (1 dic 2007 anni – 1 gen 2010 anni)
Descrizione:
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.
Aggiunto al nastro di tempo:
Data:
1 dic 2007 anni
1 gen 2010 anni
~ 2 years