bank failures
subprime mortgage crisis
financial derivatives
deregulation of financial industry
excessive risk-taking by banks
housing bubble burst
credit crunch
gptkb:public_policy gptkb:Eurozone_crisis
global economic downturn
high unemployment
loss of wealth
austerity measures
foreclosures
rise in populism
bankruptcy of major companies
bank nationalizations
decline in consumer confidence
increase in poverty
decline in global trade
global GDP contraction
millions lost homes
millions lost jobs
reform of financial regulations
rise in government debt