Great Recession of 2008 (dec 16, 2007 – jun 16, 2009)
Description:
This was a period of economic decline experienced globally that was primarily caused by the United States. It caused a scarcity in economic assets, and crashed many international banks, which were eventually bailed by the U.S. government.Added to timeline:
Date:
dec 16, 2007
jun 16, 2009
~ 1 years and 6 months