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**Q: What is the role of the United States in this conflict?**
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Now, let's fast forward to a more recent **financial disaster**: the 2008 Financial Crisis. This one is still fresh in many people’s minds, and it had a profound impact on the global economy. It was triggered by the collapse of the housing market in the United States and led to a global recession. It’s a complex story involving subprime mortgages, securitization, and a whole lot of *financial engineering*.
