The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
However, the New York Fed's calculated probability of a recession wasn't much higher in late 2007 and early 2008 -- the beginning of what was later called the Great Recession. Where to invest $ ...
The bottom line is that the Great Recession was one of the most challenging economic events in recent history, but it offered many lessons that consumers can take advantage of today. If you’re ...
Amid market fluctuations and rising interest rates, it's a good time to visit downturns in the past, including the Great Recession ... is protected from such events. Retirement accounts typically ...