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2008 Financial Crisis What were the main causes of the real estate bubble and the ensuing financial crisis? Why did the crisis spread from subprime
2008 Financial Crisis
What were the main causes of the real estate bubble and the ensuing financial crisis?
Why did the crisis spread from subprime mortgages to the entire financial sector and, ultimately, the economy?
How has the crisis been reflected in the United States' GDP growth rate, unemployment rate, and inflation rate? What do these figures indicate about the magnitude of the crisis?
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