The Day the Money Disappeared: 2008! 💸📉 #Shorts #History #Finance #2008 #Crisis #economy

The 2008 financial crisis was the worst economic disaster since the Great Depression. It was triggered by the collapse of the subprime mortgage market in the United States, where banks gave risky loans to people who couldn't pay them back. When the bubble burst, massive investment banks like Lehman Brothers went bankrupt, leading to a global panic. Millions of people lost their homes, jobs, and savings. The crisis led to massive government bailouts and changed the way we think about banks and capitalism forever. Many of the economic problems we face today can be traced back to this single year of chaos.

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