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Society & Economics
Social movements, economic events, and demographic developments from the year 2007.
| Topic | Summary |
|---|---|
| Subprime Mortgage Crisis and Bear Stearns Hedge Fund Collapse | The July 2007 collapse of two Bear Stearns subprime hedge funds — losing nearly $1.8 billion in investor capital — marked the moment housing-market stress became visible systemic failure and catalyzed the 2008 global financial crisis. |