Late-2000s financial crisis - Wikipedia, the free encyclopedia: "Questions regarding bank solvency, declines in credit availability and damaged investor confidence had an impact on global stock markets, where securities suffered large losses during 2008 and early 2009. Economies worldwide slowed during this period, as credit tightened and international trade declined.[7] Governments and central banks responded with unprecedented fiscal stimulus, monetary policy expansion and institutional bailouts"
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Late-2000s financial crisis - Wikipedia, the free encyclopedia
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