2007 ⟶ Global Recession Triggered by Food Price Spike and Financial Crisis
Spike in food prices and subprime crisis help trigger global...
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💰 Nixon Shocks: US Dollar Abandonment of Gold Standard and Export of Inflation
Nixon shock removes gold back-up for the US Dollar triggering export of inflation from rich to poor nations.⟶
InflationInternational TradeGlobal EconomyRichard NixonFinancial CrisisMonetary Policy
United States🛒 Amazon.com Founded
July 5: Amazon founded in Bellevue, Washington, by Jeff Bezos.⟶
E-commerceInternetRetailBusinessGlobalizationJeff BezosDot-com Bubble
United States💻 eBay Founded
September 3: eBay is founded by Pierre Omidyar.⟶
E-commerceInternetEntrepreneurshipRetailGlobalization
United States📉 Enron Declares Bankruptcy Amidst Scandal
December 3: Enron files for Chapter 11 bankruptcy after a series of scandals.⟶
BankruptcyFinancial CrisisEconomic Impact
United States📉 Global Recession Triggered by Food Price Spike and Financial Crisis
Spike in food prices and subprime crisis help trigger global recession.⟶
RecessionFinancial CrisisGlobal EconomyEconomic DownturnGlobalizationMarket Volatility
United States📉 Stock Market Plummets, Triggering COVID-19 Recession
Fears of COVID-19 cause the Dow Jones Industrial Average to fall ten percent in one week, its largest drop in history, triggering the COVID-19 Recession, the worst economic crisis since the Great Depression.⟶
RecessionStock Market CrashEconomic CrisisGlobal EconomyFinancial MarketsGreat DepressionGlobalizationEconomic Impact
United States