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What caused the 2008 financial crisis?

The 2008 financial crisis began with cheap credit and lax lending standards that fueled a housing bubble. Banks were left holding trillions of dollars of worthless investments in subprime mortgages when the bubble burst. The Great Recession that followed cost many their jobs, their savings, and their homes.

Why did Silicon Valley Bank collapse?

"Silicon Valley Bank collapses after failing to raise capital". CNN. Archived from the original on March 10, 2023. Retrieved March 10, 2023. ^ Palumbo, Angela; Vanjani, Karishma; English, Carleton (March 9, 2023). "Silicon Valley Bank Shut Down, Biggest Bank to Fail Since Financial Crisis". MarketWatch. Archived from the original on March 10, 2023.

What was the financial crisis of 2007–08?

Financial crisis of 2007–08, severe contraction of liquidity in global financial markets that originated in the United States as a result of the collapse of the U.S. housing market. It precipitated the Great Recession (2007–09), the worst economic downturn in the United States since the Great Depression.

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