The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. …

Apr 30, 2025 · The Great Recession was a severe and global economic downturn from 2007 to 2009 that was triggered primarily by the collapse of the U.S. housing market and the resulting …

Dec 4, 2017 · The Great Recession—sometimes referred to as the 2008 Recession—in the United States and Western Europe has been linked to the so-called “subprime mortgage crisis.”

Great Recession, economic recession that was precipitated in the United States by the financial crisis of 2007–08 and quickly spread to other countries. Beginning in late 2007 and lasting until …

In 2007, losses on mortgage-related financial assets began to cause strains in global financial markets, and in December 2007 the US economy entered a recession. That year several large …

Oct 22, 2025 · The Great Recession of 2008 was a turning point in global finance. This article examines what triggered the collapse, how it spread across economies, and the long-term …

Sep 19, 2018 · In a series of policy briefs, IRLE will highlight work by Berkeley faculty on the causes and long-term effects of the Recession. In this brief, we review research from IRLE …

The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the …

Key Takeaways The 2008 Global Financial Crisis was a severe worldwide economic crisis that originated in the United States. The crisis was caused by a combination of factors including …

Nov 25, 2025 · The 2008 financial crisis, the worst since the Great Depression, stemmed from cheap credit and loose lending that inflated a housing bubble.