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Sunday, October 18, 2020

A trip to the last decade!

 

2008: Financial crisis of 2008

The subprime mortgage crisis that had begun unfolding the previous year came to a head in 2008, causing some of the world's biggest lenders and financial institutions to collapse. The events launched a global recession, and the financial crisis, which ultimately led to a series of bailout packages, was the biggest economic downturn since the Great Depression. In this image, a Lehman Brothers employee carries his belongings out of the building.


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