The 2008 financial crisis, also known as the global financial crisis (GFC) or the Panic of 2008, was a major worldwide financial crisis centered in the United States.

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 the U.S. housing market.

Nov 25, 2025 · Learn more about the causes, the events, and the aftermath of the 2007–2008 financial crisis and the Great Recession that followed.

In 2007, losses on mortgage-related financial assets began to cause strains in global financial markets, and in December 2007 the US economy entered a recession. That year several large …

Sep 14, 2018 · Discover the confluence of events that prompted the Great Recession in America and its main culprit: the subprime mortgage housing crisis. In mid-September catastrophe …

Guide to what was the 2008 Financial Crisis. Here, we explain its causes, timeline, effects, and differences with the Great Depression.

Mar 3, 2025 · Triggered by the collapse of mortgage-backed securities and poor lending practices, the crisis led to a severe recession in the U.S. and widespread economic downturn worldwide, …

Unravel the 2008 financial crisis's causes, consequences, and global impact. Discover how it reshaped markets and policies, influencing economies worldwide.

Dec 23, 2025 · Learn how risky financial practices led to the 2008 stock market crash, reshaping U.S. financial markets and impacting global economies. Learn about the reforms that followed.

The 2008 financial crisis, also known as the global financial crisis (GFC) or the Panic of 2008, was a major worldwide financial crisis centered in the United States.