🚨 The Meltdown That Reshaped Global Finance
In 2008, the world witnessed one of the most devastating financial collapses in modern history. The crisis wiped out trillions in global wealth, led to massive bank failures, and forced governments to intervene with unprecedented bailouts.
✔️ Lehman Brothers collapsed, triggering panic across financial markets.
✔️ Millions lost their homes, as the housing bubble burst.
✔️ Governments injected trillions to stabilize economies.
This wasn’t just a recession—it was a financial earthquake that reshaped global banking and economic policies.
💰 The Rise – The Illusion of Endless Growth
🚨 Banks and financial institutions pushed risky mortgage-backed securities, fueling a housing boom.
🚨 Subprime lending skyrocketed, allowing unqualified borrowers to take on massive debt.
🚨 Wall Street ignored warning signs, chasing short-term profits over long-term stability.
For years, the system seemed unstoppable—until reality struck.
🔥 The Collapse – The Domino Effect
✔️ In September 2008, Lehman Brothers filed for bankruptcy, sending shockwaves through global markets.
✔️ Stock markets crashed, wiping out trillions in investor wealth.
✔️ Banks froze lending, leading to a credit crunch that crippled businesses and households.
The financial world scrambled to contain the damage, but the effects lingered for years.
⚖️ The Fallout – A New Era of Regulation
🚨 Governments bailed out banks, injecting trillions to prevent total collapse.
🚨 The Dodd-Frank Act was passed, tightening financial regulations.
🚨 Public trust in Wall Street eroded, leading to protests like Occupy Wall Street.
The 2008 crisis wasn’t just an economic downturn—it was a defining moment that reshaped global finance.
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