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2008 was a leap year starting on Tuesday of the Gregorian calendar, the 2008th year of the Common Era (CE) and Anno Domini (AD) designations, the 8th year of the 3rd millennium and the 21st century, and the 9th year of the 2000s decade.
January 22, 2008: The US Federal Reserve cut interest rates by 0.75% to stimulate the economy, the largest drop in 25 years and the first emergency cut since 2001. January 2008: U.S. stocks had the worst January since 2000 over concerns about the exposure of companies that issue bond insurance.
Apr 24, 2022 · Learn how the subprime mortgage crisis triggered the worst economic downturn since the Great Depression. Find out what happened, why it happened, and what was done to recover from the 2008 recession.
- Kimberly Amadeo
Jun 8, 2020 · Layoffs, stock market crashes and bailouts - America has been through this before. Can we learn from the Great Recession of 2008, or are we doomed to repeat the mistakes of the past?
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Dec 18, 2023 · What Was the 2008 Great Recession? The Great Recession was the sharp decline in economic activity that started in 2007 and lasted several years, spilling into global economies.
Sep 16, 2018 · 2008 global financial crisis: What government overdid, or didn’t do. India bounced back from 2008 crisis thanks to stimulus packages, but faltered by letting these continue. And it still has a long way to go in ensuring greater coordination between govt and financial regulators. Written by P Vaidyanathan Iyer.
Sep 14, 2018 · Learn how the U.S. housing market, low interest rates, deregulation and global interdependence led to the worst economic crisis since the Great Depression. Explore the origins, effects and lessons of the 2008 financial crisis and its impact on the world.
