2007

Trade & Economy

2007–2008 financial crisis

About this moment

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 to the 2000s United States housing bubble. This was exacerbated by predatory lending for subprime mortgages and by deficiencies in regulation.

Gallery

TED SpreadLawrencekhooPublic domainWikimedia Commons
22 2007-2008 global financial crisis effect in Bristol UK - credit crunch lunchMarek Ślusarczyk ( Tupungato ) Photo portfolioCC BY 3.0Wikimedia Commons
Abandoned construction project Cyprus May 2013Rogier KrensCC BY-SA 3.0 nlWikimedia Commons
Alternative libertaire mensuel (24583670871)Alternative libertaire from FranceCC BY-SA 2.0Wikimedia Commons
Alternative libertaire mensuel (24677213255)Alternative libertaire from FranceCC BY-SA 2.0Wikimedia Commons
Athens demo june 2011Serge VergouweCC BY-SA 3.0 nlWikimedia Commons
BrentStanqoCC BY-SA 3.0Wikimedia Commons
Brutto-FinanzierungsbedarfSpitzlCC BY-SA 3.0Wikimedia Commons
CDO issuances 2004-2012 (improved)BoogaLouieCC BY-SA 3.0Wikimedia Commons
International financial centres after the Global Financial Crisis and BrexitUnknownUnknown — LoC, rights unverifiedLibrary of Congress
Linking external sector imbalances and changing financial instability before the 2008 financial crisisUnknownUnknown — LoC, rights unverifiedLibrary of Congress

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