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Stories from 2008's Great Recession


How the last recession affected higher education. Will history repeat?

A recap of how the great recession affected higher education in 2008 to help us think through what might and might not repeat this time ...

The Fall of the Market in the Fall of 2008 - Investopedia

By the fall of 2008, borrowers were defaulting on subprime mortgages in high numbers; the collapse of the financial markets and the global Great Recession ...

Great Recession | Causes, Effects, Statistics, & Facts - Britannica

Great Recession, economic recession that was precipitated in the U.S. by the financial crisis of 2007–08 and quickly spread to other countries.

Great Recession - Wikipedia

This 2007–2008 phase was called the subprime mortgage crisis. The combination of banks being unable to provide funds to businesses, and homeowners paying down ...

Great Recession ‑ Definition, Cause & 2008 | HISTORY

Causes of the Recession ... The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been ...

Timeline: The U.S. Financial Crisis - Council on Foreign Relations

The financial meltdown that started with the bursting of the US housing bubble had worldwide economic repercussions, including recessions, far-reaching ...

What Really Caused the Great Recession?

The Great Recession that began in 2008 led to some of the highest recorded rates of unemployment and home foreclosures in the US since the Great Depression.

Financial crisis of 2007–08 | Definition, Causes, Effects, & Facts

Financial crisis of 2007–08, severe contraction of liquidity in global financial markets that originated in the United States as a result of the collapse of ...

Notable Books on the Financial Crisis of 2008 - Robert F. Bruner

The following list of “notable books” is a small contribution to the retrospective project, intended to answer the students' inevitable hunger for more to read ...

The 2008 Housing Crisis - Center for American Progress

Mortgages insured by the Federal Housing Administration did not cause the crisis · The real causes of the housing and financial crisis were ...

What Caused the 2008 Global Financial Crisis? - YouTube

This video looks in depth at the causes and consequences of what has been referred to as the “worst economic crisis since the Great ...

2008 Financial Crisis: Causes, Costs, How It Could Happen Again

2008 Financial Crisis · Deregulation of financial derivatives was a key underlying cause of the financial crisis. · The banks had chopped up the ...

Chart Book: The Legacy of the Great Recession

The financial crisis turned what might have been an ordinary economic downturn into the Great Recession in the second half of 2008. Economic ...

The Real Cost of the 2008 Financial Crisis | The New Yorker

Today, the unemployment rate has fallen all the way to 3.9 per cent. There is much more to the story, though, than this uplifting Washington- ...

2007–2008 financial crisis - Wikipedia

The 2007–2008 financial crisis, or the global financial crisis (GFC), was the most severe worldwide economic crisis since the 1929 Wall Street crash that ...

The Great Recession | Federal Reserve History

These programs included the Economic Stimulus Act of 2008 and the American Recovery and Reinvestment Act of 2009.

Commercial bank failures during the Great Recession

the real (estate) story. Macroprudential Research Network ... the home mortgage products one normally associates with the financial crisis of 2007-2008.

Timeline: Key events in financial crisis - USA Today

Housing crisis deepens. Banks and hedge funds that invested big in subprime mortgages are left with worthless assets as foreclosures rise. The ...

The Great Recession and Its Continuing Impact: 8 Docs to Watch

The bets were huge and risky: billions of dollars on the housing market. The upside was undeniable: superbanks reaped billions of dollars, dominated the ...

How the 2008 financial crisis crashed the economy and ... - YouTube

Ten years ago this week, the collapse of Lehman Brothers became the signal event of the 2008 financial crisis. Its effects and the recession ...