Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 79. Chapters: Stock market downturn of 2002, Stock market crash, Economy of Greece, Wall Street Crash of 1929, Panic of 1819, Late-2000s financial crisis, 2008-2009 Russian financial crisis, Global financial crisis in October 2008, 1997 Asian financial crisis, Panic of 1907, 2010 Flash Crash, Panic of 1873, 1998 Russian financial crisis, United States bear market of 2007-2009, Global financial crisis in November 2008, Dubai World, Panic of 1893, 2008-2009 Spanish financial crisis, Black Monday, 2008-2009 Belgian financial crisis, Hindenburg Omen, List of stock market crashes, October 27, 1997 mini-crash, Silver Thursday, 1973-1974 stock market crash, Panic of 1901, Black Friday, Souk Al-Manakh stock market crash, Chinese stock bubble of 2007, Friday the 13th mini-crash, Paris Bourse crash of 1882, Panic of 1884, Panic of 1896. Excerpt: The late-2000s financial crisis (often called the Credit Crunch or the Global Financial Crisis) is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, the housing market had also suffered, resulting in numerous evictions, foreclosures and prolonged vacancies. It contributed to the failure of key businesses, declines in consumer wealth estimated in the trillions of U.S. dollars, and a significant decline in economic activity, leading to a severe global economic recession in 2008. The financial crisis was triggered by a liquidity shortfall in the United States banking system in 2008. The collapse of the U.S. housing bubble, which peaked in 2007, caused the values of securities tied to U.S. real estate pricing to plummet, damaging financial institutions globally. Questions regarding...Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.
|Title||:||Stock Market Crashes|
|Publisher||:||Books LLC, Wiki Series - 2011-08-31|