# Global Financial Crisis, 2008-2009

{
  "id": "S2009003683",
  "title": "Global Financial Crisis, 2008-2009",
  "url": "/topics/S2009003683",
  "kind": "topic-directory",
  "aeo_cohort": "topic-directory",
  "provider": "lcsh",
  "revision": "533b25dcb5e202c2",
  "catalogue_revision": "f050b5d4780b1289",
  "numeric_address": "14142648934535160416",
  "address_version": "morton4x16-v1",
  "coordinates": [
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  "answer_status": "Directory metadata; local answer requires separate source review",
  "truth_status": "Subject descriptor, not a factual answer or a demonstrated knowledge gap"
}

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].

Directory metadata is not a factual answer or evidence of a global knowledge gap.

Source: https://id.loc.gov/authorities/subjects/sh2009003683

No owner-reviewed local answer yet.