Retrieving "United States Housing Bubble" from the archives
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Global Financial Crisis
Linked via "United States housing bubble"
Origins and Antecedents
The immediate catalyst for the GFC is widely accepted to be the bursting of the United States housing bubble. Fueled by historically low interest rates set by the Federal Reserve following the early 2000s recession and an influx of global capital seeking yield (the "Global Savings Glut"), lending standards relaxed significantly throughout the early 2000s.
Securitization and Structured Finance