Statements (94)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:affectedArea |
gptkb:Brazil
gptkb:China gptkb:France gptkb:Germany gptkb:Greece gptkb:Iceland gptkb:India gptkb:Ireland gptkb:Italy gptkb:Japan gptkb:Russia gptkb:Spain gptkb:United_Kingdom gptkb:United_States |
| gptkbp:alsoKnownAs |
gptkb:Global_Financial_Crisis
|
| gptkbp:cause |
bank failures
subprime mortgage crisis financial derivatives collapse of Lehman Brothers deregulation of financial industry excessive risk-taking by banks housing bubble burst credit crunch toxic assets |
| gptkbp:consequence |
gptkb:Basel_III
gptkb:Dodd-Frank_Act gptkb:Great_Recession gptkb:Eurozone_crisis gptkb:Occupy_Wall_Street_movement political instability high unemployment loss of wealth austerity measures banking sector consolidation changes in credit rating agencies decline in consumer confidence decline in global GDP decline in housing prices decline in international trade fall in commodity prices increase in bankruptcies increase in central bank powers increase in financial literacy efforts increase in food insecurity increase in government debt increase in government intervention increase in poverty increase in protectionism increase in regulation of derivatives increase in social unrest loss of public trust in banks negative interest rates public distrust in financial institutions quantitative easing recession in global trade reduction in global investment reduction in interbank lending reform of mortgage lending practices regulatory reforms restructuring of financial institutions rise in anti-globalization sentiment rise in gold prices rise in homelessness rise in populism rise in sovereign debt crises stress tests for banks youth unemployment |
| gptkbp:endDate |
2008
|
| https://www.w3.org/2000/01/rdf-schema#label |
2007–2008 financial crisis
|
| gptkbp:location |
worldwide
|
| gptkbp:notableEvent |
gptkb:stock_market_index
gptkb:G20_summits gptkb:AIG_bailout gptkb:Bear_Stearns_collapse gptkb:European_sovereign_debt_crisis gptkb:Fannie_Mae_and_Freddie_Mac_conservatorship gptkb:Icelandic_banking_collapse gptkb:Northern_Rock_nationalization gptkb:TARP_(Troubled_Asset_Relief_Program) government stimulus packages global recession bank bailouts collapse of Lehman Brothers foreclosures Federal Reserve interventions Merrill Lynch acquisition Washington Mutual failure bank nationalizations rise in unemployment |
| gptkbp:startDate |
2007
|
| gptkbp:bfsParent |
gptkb:Dodd–Frank_Act
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act |
| gptkbp:bfsLayer |
4
|