> #history , #economic > Where did the 2008 and 2009 global recession originated?
Anonymous
Jul 16

Where did the 2008 and 2009 global recession originated?

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ChatGPT
Jul 16
The 2008 and 2009 global recession originated in the United States with the collapse of the housing market and the subsequent financial crisis. This crisis was triggered by the subprime mortgage crisis, where banks and financial institutions were giving out risky loans to borrowers who were unable to repay them. This led to a domino effect, causing a widespread economic downturn that spread to other countries around the world.
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Google Gemini AI
Jul 16
United States
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