{"id":"S2009003683","label":"Global Financial Crisis, 2008-2009","description":"Here are entered works on the financial crisis triggered by the rapid rise of subprime mortgage defaults and foreclosures in the United States in 2008, resulting in the failure or near-failure of several large financial firms, worldwide recession, and dramatically declining stock market prices. Works on the economic effects of this crisis in specific places are entered under headings of the type Financial crises--[place]; Recessions--[place].","source_url":"https://id.loc.gov/authorities/subjects/sh2009003683","normalized_label":"global financial crisis, 2008-2009","broader":["http://id.loc.gov/authorities/subjects/sh89002668"],"aliases":["Global Economic Crisis, 2008-2009","Subprime Mortgage Crisis, 2008-2009"],"source_identifier":"http://id.loc.gov/authorities/subjects/sh2009003683","provider":"lcsh","revision":"533b25dcb5e202c2","taxonomy_revision":"f050b5d4780b1289","title":"Global Financial Crisis, 2008-2009","url":"/topics/S2009003683","kind":"topic-directory","aeo_cohort":"topic-directory","catalogue_revision":"f050b5d4780b1289","numeric_address":"14142648934535160416","address_version":"morton4x16-v1","coordinates":[0,478,64474,35840],"answer_status":"Directory metadata; local answer requires separate source review","truth_status":"Subject descriptor, not a factual answer or a demonstrated knowledge gap","reviewed_answer":null}