Great Recession facts
While investigating facts about Great Recession Of 2008 and Great Recession Timeline, I found out little known, but curios details like:
More Mexican immigrants (1,000,000 people) have returned to Mexico from the U.S. than have migrated to the U.S. (870,000 people) since the end of the Great Recession
how great recession ended?
There is reportedly $2 million worth of treasure hidden in the Rocky Mountains. The man who claims he stashed it there says he did it to cheer people up after the Great Recession. Critics say he's making it all up just to sell copies of his memoirs
What caused the great recession of 2008?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what was the great recession of 2008. Here are 17 of the best facts about Great Recession Dates and Great Recession Unemployment Rate I managed to collect.
what caused the great recession?
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About "The Cliff", a name colleges and universities are using for an upcoming 15% drop in enrollment between 2025-2032. This drop is traced back to fewer people having children during the Great Recession.
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An 87 year old millionaire hid treasure worth millions in the Rocky Mountains during the great recession and left one clue in the form of a poem. No one has found it and 4 people have died trying.
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From 1926 to 1956 through an 80% stock market crash during the Great Depression, and four recessions the S&P still averaged 10.77% in annual returns.
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Since the "Great Recession" in 2008, 40% of global economic growth has occurred in just one country: China.
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During the Great Recession, Australia didn't bail out their banks. Instead, they gave each citizen $900, no questions asked. As a result, Australia was the only western country not to go into recession.
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College-enrollment rates have decreased in recent years. Students are more likely to enroll and stay in college during the Great Recession at a time when there are fewer jobs
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As of January 2015, the global economy still has not recovered all the jobs lost during the Great Recession, and the worldwide employment picture is predicted to only marginally improve through 2018.
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At the height of the Great Recession, Fed Chairman Ben Bernanke relied on eating Hot Pockets and watching Seinfeld reruns to relieve stress
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During the great depression worldwide GDP fell by approximately 15%, in comparison to that of less than 1% in the 2008 great recession.
Great Recession data charts
For your convenience take a look at Great Recession figures with stats and charts presented as graphic.
Why did the great recession happen?
You can easily fact check why was the great recession not a depression by examining the linked well-known sources.
An economist, Fred Foldvary, accurately predicted the Great Recession of 2008, way back in the 1990s. He noted that based on cycles of real estate, another one will take place in the mid-2020s.
An 87 year old millionaire hid treasure worth millions in the Rocky Mountains during the great recession and left one clue in the form of a poem. No one has found it and 4 people have died trying. - source
Pet food prices spiked during the Great Recession and no one can figure out why - Were humans consuming it because it was a cheap alternative? - source
The nation's largest homebuilder was profitable every year through the Great Recession and housing crisis.
Golden Dawn, a political party in Greece widely considered a neo-Nazi/fascist party. During the Great Recession, it rose out of relative obscurity and secured seats in Greece's Parliament while espousing a staunch hostility towards minorities, illegal immigrants, and refugees. - source
