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An overview of the causes and consequences of the global financial crisis that hit the world in 2008, last updated September 30, 2010.
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The Financial Crisis of 2008: In 2008 the world economy faced its most. The American auto industry, which pleaded for a federal bailout, found itself at the edge of. Many in Europe paid the price for having dabbled in American real estate securities. The insurance industry got into the game by trading in “credit default.
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The Financial Crisis of 2008: In 2008 the world economy faced its most dangerous Crisis since the Great Depression of the 1930s. The contagion, which began in 2007.
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