July 10, 2024
Chicago 12, Melborne City, USA

Economic Recession and its Causes

The global financial crisis is a situation from 2007-08 that is an extreme situation after the 1930s great depression. This crisis has its breeding ground in the US for the subprime mortgage market. This spread worldwide in the banking sector on September 15th, 2008, resulting in the collapse of Lehman Brothers’ investment bank. The crisis […]

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