Financial Crisis of 2007-2008
GPTKB entity
Statements (62)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:Crisis_intervention
|
| gptkbp:caused_by |
gptkb:subprime_mortgage_crisis
loss of consumer confidence loss of trillions in wealth |
| gptkbp:characterized_by |
high unemployment rates
|
| gptkbp:duration |
2007 to 2008
|
| https://www.w3.org/2000/01/rdf-schema#label |
Financial Crisis of 2007-2008
|
| gptkbp:influenced |
gptkb:economic_policies
monetary policy financial regulations political discourse global financial stability public perception of banks |
| gptkbp:influenced_by |
housing bubble
|
| gptkbp:initiated_by |
rising interest rates
|
| gptkbp:involved |
gptkb:financial_institutions
credit rating agencies financial derivatives financial literacy initiatives bank failures hedge funds government intervention financial technology innovations mortgage-backed securities real estate investment trusts credit crunch real estate bubble financial contagion toxic assets AIG bailout government stimulus packages Federal Reserve actions |
| gptkbp:is_affected_by |
international trade
consumer spending small businesses real estate market global economy |
| gptkbp:is_targeted_at |
collapse of Lehman Brothers
|
| gptkbp:led_to |
gptkb:Dodd-Frank_Act
gptkb:Great_Recession increased savings rates increased poverty rates banking sector consolidation increased focus on risk management unemployment benefits expansion foreclosures increased scrutiny of financial practices increased regulation of mortgage lending increased demand for financial education |
| gptkbp:resulted_in |
gptkb:Securities_and_Exchange_Commission
changes in consumer behavior changes in corporate governance loss of trust in financial institutions banking reforms increased regulation of banks government bailouts loss of jobs changes in investment strategies bankruptcy filings increased public debt |
| gptkbp:bfsParent |
gptkb:George_W._Bush
|
| gptkbp:bfsLayer |
3
|