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In 2007-2009 there was a global recession and wall street collapsed. The great investment banks that had stood on Wall Street began to collapse due to the sub-prime mortgage crisis and serious corporate fraud. During the last months of the Bush Administration, the federal government stepped in to bail out some of these institutions in order to keep the U.S. financial system afloat.
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Countries and their commodities are listed here. In addition, it shows the impact of that country when the US fell economically.
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More ways of how Americans are affected are detailed here. This also somewhat explains recovery from a bad recession.
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If you like countdowns and mind blowing facts, this page is for you. The impact of the recession and how people have changed since then is explained here.
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America’s GDP was 16.3 trillion, GDP-The gross domestic product, is one the primary indicators used to show the success of a country's economy. It represents the total dollar value of all goods and services produced over a specific time period
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Some reasons as to why stocks have fallen is explained here.
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This does explain how the freezing weather caused people to stay indoors and it hurt businesses.
