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August. August 8 – 24 – The United States compete at the Summer Olympics in Beijing, China and win 36 gold, 39 silver, and 37 bronze medals. Michael Phelps wins his eighth gold medal, breaking the record set by Mark Spitz, and sets the record for the most golds in a single Olympics.
30 de jun. de 2023 · In 2008, the housing market bubble burst when subprime mortgages, a huge consumer debt load, and crashing home values converged. Homeowners began defaulting on the home loans.
4 de dez. de 2017 · Scott Dalton/Bloomberg via Getty Images. The Great Recession was a global economic downturn that devastated world financial markets as well as the banking and real estate industries. The crisis ...
18 de dez. de 2023 · The Great Recession is a term that represents the sharp decline in economic activity during the late 2000s, which is generally considered the largest downturn since the Great Depression . The term ...
31 de dez. de 2008 · Sept. U.S. legislators vote down $700-billion bailout. Oct. Harper pleased with election result. Nov. Obama's election sends a message to the world. Dec. GG agrees to prorogue Parliament. The move ...
22 de nov. de 2013 · In response, the Federal Reserve provided liquidity and support through a range of programs motivated by a desire to improve the functioning of financial markets and institutions, and thereby limit the harm to the US economy. 1 Nonetheless, in the fall of 2008, the economic contraction worsened, ultimately becoming deep enough and protracted enough to acquire the label “the Great Recession."
10 de set. de 2018 · Whatever happened to Fannie Mae and Freddie Mac? In 2008, the government seized control of the troubled mortgage giants as the housing market unraveled and the companies’ losses piled up.
