| gptkbp:instanceOf | gptkb:economic_crisis 
 | 
                        
                            
                                | gptkbp:affectedArea | gptkb:Australia gptkb:Canada
 gptkb:China
 gptkb:France
 gptkb:Germany
 gptkb:Greece
 gptkb:Iceland
 gptkb:Ireland
 gptkb:Italy
 gptkb:Japan
 gptkb:Spain
 gptkb:United_Kingdom
 gptkb:United_States
 
 | 
                        
                            
                                | gptkbp:alsoKnownAs | gptkb:2008_financial_crisis gptkb:Global_Financial_Crisis
 
 | 
                        
                            
                                | gptkbp:cause | subprime mortgage crisis complex financial products
 excessive risk-taking by banks
 housing bubble burst
 regulatory failures
 
 | 
                        
                            
                                | gptkbp:consequence | gptkb:Basel_III gptkb:Dodd-Frank_Act
 gptkb:Great_Recession
 high unemployment
 loss of wealth
 increased regulation
 austerity measures
 foreclosures
 quantitative easing
 
 | 
                        
                            
                                | gptkbp:endDate | 2009 
 | 
                        
                            
                                | gptkbp:notableEvent | gptkb:stock_market_index 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:Merrill_Lynch_acquisition_by_Bank_of_America
 gptkb:TARP_(Troubled_Asset_Relief_Program)
 global recession
 nationalization of banks
 bank bailouts
 collapse of Lehman Brothers
 Washington Mutual failure
 credit crunch
 
 | 
                        
                            
                                | gptkbp:relatedTo | gptkb:credit_default_swaps gptkb:financial_contagion
 gptkb:Too_Big_to_Fail
 gptkb:Occupy_Wall_Street
 Wall Street reform
 mortgage-backed securities
 subprime mortgage crisis
 systemic risk
 housing bubble
 shadow banking system
 
 | 
                        
                            
                                | gptkbp:startDate | 2007 
 | 
                        
                            
                                | gptkbp:bfsParent | gptkb:History_of_Ireland 
 | 
                        
                            
                                | gptkbp:bfsLayer | 5 
 | 
                        
                            
                                | https://www.w3.org/2000/01/rdf-schema#label | Banking crisis 2008 
 |