A major worldwide financial crisis centered in the United States took place in 2008. The causes included excessive speculation on property values by both homeowners and financial institutions, leading
The bankruptcy of Lehman Brothers (headquarters pictured), the fourth-largest U.S. investment bank (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), on September 15, 2008, is often considered the climax of the 2008 financial crisis.
Share in GDP of U.S. financial sector since 1860
People queueing outside a Northern Rock branch in the United Kingdom to withdraw their savings during the financial crisis
Restaurant in Bristol, United Kingdom, advertising cheap "Credit Crunch Lunch"
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with m
Federal funds rate history and recessions
A mortgage brokerage in the US advertising subprime mortgages in July 2008
Relationship between fiscal tightening (austerity) in Eurozone countries with their GDP growth rate, 2008–2012
People queuing outside a Northern Rock bank branch in Birmingham, United Kingdom, on September 15, 2007, to withdraw their savings because of the subprime crisis