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单词 Subprime mortgage crisis
释义

Subprime mortgage crisis

原声例句
TED演讲(音频版) 2020年7月合集

And so that's a big economic risk to the global economy, like the subprime mortgage crisis.

因此, 这对全球经济来说是一个巨大的经济风险,例如次贷危机。

英语百科

Subprime mortgage crisis 次贷危机

Subprime mortgage lending jumped dramatically during the 2004–2006 period preceding the crisis (source: Financial Crisis Inquiry Commission Report, p.70 Figure 5.2).
Factors contributing to housing bubble
Domino effect as housing prices declined
Housing price appreciation in selected countries, 2002–2008

The United States (U.S.) subprime mortgage crisis was a nationwide banking emergency that coincided with the U.S. recession of December 2007 – June 2009. It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities. Declines in residential investment preceded the recession and were followed by reductions in household spending and then business investment. Spending reductions were more significant in areas with a combination of high household debt and larger housing price declines.

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