Financial tsunami In 2007 -2009 the global financial crisis, also known as the world financial crisis, sub-loan crisis, credit crisis, but also named in 2008 for the Wall Street financial tsunami or tsunami, such as ... ... This is a in August 9, 2007 financial crisis began to surface, since the sub-housing credit crisis, investors in mortgage-backed securities began to lose confidence in the value, triggering a liquidity crisis.
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