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Financial crisis of 2007–08
global financial crisis triggered by bursting of the United States housing bubble and the devaluation of housing-related securities
Pronunciation
/faɪˈnæntʃəl ˈkraɪsɪs əv 2007 – 08/
/fɪˈnanʃəl ˈkrʌɪsɪs əv 2007 – 08/
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financial crisis