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emmasim [6.3K]
4 years ago
11

What happened after bank lending slowed in the united states in the mid 2000s

History
2 answers:
Vlad1618 [11]4 years ago
8 0

The bank lending slow down led to the collapse of US and global stock markets. The financial system is basically interconnected due to the forces of globalization and technology. A slowdown in one sector quickly leads to a slowdown in others

Lisa [10]4 years ago
5 0

US and global stock markets collapsed

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