2008 The Great Recession (dec 2, 2007 – jun 1, 2009)
Description:
Lasted 1 year 6 monthsThe subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared.
Added to timeline:
Date:
dec 2, 2007
jun 1, 2009
~ 1 years and 5 months