![]() ![]() ![]() From 2008 to 2012, economies around the world slowed. And trillions of dollars in consumer wealth was lost. It was the worst financial downturn since the 1930s. economy plunged into “the Great Recession.” That meant the economy was weak and many people lost money. In 2008, two big Wall Street firms, or companies that trade money and investments, collapsed.
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