Oct 20, 2023 · CDOs caused the 2008 financial crisis, and similar asset categories are on the rise. Could they really cause another recession?

... of its examination and its conclusions as to the causes of the crisis. More than two years after the worst of the financial crisis, our economy, as well as.

The global financial crisis (GFC) refers to the period of extreme stress in global financial markets and banking systems between mid 2007 and early 2009.

A recession can be defined as a sustained period of weak or negative growth in real GDP (output) that is accompanied by a significant rise in the unemployment ...