In 2008-2009 much of the industrialized world entered into a deep recession.[2][3] The complex of vicious circles which contributed to this crisis included high oil prices, high food prices and the collapse of a substantial housing bubble centered in the United States, which sparked an interrelated and ongoing financial crisis. Around the world, many large and well established investment and commercial banks suffered massive losses and even faced bankruptcy. It has been argued that the huge increases in commodity and asset prices came as a consequence of an extended period of easily available credit and that the primary cause of the downturn was exceptionally financial.[4] This crisis has led to increased unemployment, and other signs of contemporaneous economic downturns in major economies of the world.
In December 2008, the NBER declared that the United States had been in recession since December 2007, and several economists expressed their concern that there is no end in sight for the downturn and that recovery may not appear until as late as 2011.[5] The recession is the worst since the Great Depression of the 1930s.[6][7] However, so far many economists and politicians have avoided using the term depression, as it is generally recognized to refer to a downturn which lasts considerably longer and has a significantly higher unemployment rate.
Το 2008-2009 ένα μεγάλο μέρος το'. βιομηχανοποιημένο'. κόσμο'. πο'. εισάγεται σε μια βαθιά '.ποχώρηση. Το σ'.γκρότημα των φαύλων κύκλων πο'. σ'.νέβαλαν σε α'.τήν την κρίση περι:λαμβάνω τις '.ψηλές τιμές το'. πετρελαίο'., τις '.ψηλές τιμές τροφίμων και την κατάρρε'.ση μιας ο'.σιαστικής φ'.σαλίδας κατοικίας πο'. κεντροθετήθηκε στις ' νωμένες Πολιτείες, οι οποίες προκάλεσαν μια αλληλένδετη και τρέχο'.σα οικονομική κρίση. Σε όλο τον κόσμο, πολλές μεγάλες και καθιερωμένες επενδ'.τικές και Εμπορικές τράπεζες '.πέστησαν τις ογκώδεις απώλειες και αντιμετώπισαν ακόμη και την πτώχε'.ση. Έχει '.ποστηριχτεί ότι οι τεράστιες...