U.S. Subprime Mortgage Crisis
In 2007, a strange financial crisis happened in the US and soon spreaded to every corner in the world. It is strange because unlike other recessions that happened before, it is not triggered by an event, such as external shocks or sudden policy adjustments. Nevertheless, the resulting economic recession was not any less than others, with a rippling effect that is probably longer than most.| 一言堂
