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The Great Recession of 2007-08 occurred just as Knoop was completing his text. Describe this financial crisis and describe the effect that destabilized credit, mortgage,

The Great Recession of 2007-08 occurred just as Knoop was completing his text. Describe this financial crisis and describe the effect that destabilized credit, mortgage, derivative, and insurance markets had on national economies and assess the stabilization policies implemented to address them

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