Great Financial Crisis

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(GFC).

The Great Financial Crisis usually refers to the financial crisis starting in 2007/8, following the perturbances in the US property markets in 2006.

The GFC is sometimes referred to as the crisis of 2008, or the Global Financial Crisis.


In Europe, especially in the Eurozone, it is often conflated with the 2009 crisis of the Eurozone that was unrelated, but was somewhat accelerated and aggravated by it.


See also