Economic Crash 2008
There were three causes of the 2008 financial crisis. Iceland fell into an economic depression in 2008 following the collapse of its banking system see 20082011 Icelandic financial crisis. Policy Analysis Of Global Financial Crisis On Nigeria Economy The Great Recession is the name commonly given to the 2008 2009 financial crisis that affected millions of Americans. Economic crash 2008 . And there was even talk of cash machines. Within a few weeks in September 2008 Lehman Brothers one of the worlds biggest financial institutions went bankrupt. A trader works on the floor of the New York Stock Exchange on September 15 2008 in New York City. They almost didnt succeed. Department of the Treasury. Considered by many to be the second worst global financial crisis behind the Great Depression the financial crisis of 2008 wreaked havoc on global economic systems and the banking industry and caused a great recession worldwide for a number of years. House of Representatives