The worst financial crisis in the United States since the Great Depression and the current period we are in. It occurred during the first decade of the 21st century (core years lasted from 2007-2010) and was marked by rampant job losses, high unemployment, collapse of the real estate market, Wall Street losses, and the closing of numerous banks. The national unemployment rate was as high as 10% in 2010.
It was triggered by foreclosures and a collapse of the real estate market in Florida in 2007. Fannie Mae and Freddie Mac, two large government subsidized mortgages lenders, later fell under heavy scrutiny by many members of Congress. It also created a national credit crunch that resulted in new government regulations that tightened lending standards and changed the rules for nearly every bank. All of a sudden, even people with nearly spotless credit found it hard to get a loan on anything. Wall Street stocks fell by nearly 50% in 2009.
The GR also changed the political clout in Washington when Republicans became the majority party in the House of Representatives, after the 2010 midterm elections sent many Democrats home. Things havent improved very much as the Great Recession is still ongoing and many Americans are still out of work. It will take many years for the housing market to recover, and probably longer for the jobs return to pre-recession levels.
The Great Recession has been hell!
69π 26π
The most complicated and difficult sex maneuver known to mankind. It involves doing a girl from behind while facing a window while one's friend with similar make and model of penis is positioned with in a closet or other hiding place somewhere in the room. In one split second the first man pulls out while the friend jumps in and continues to doggy style the girl without her noticing. The first man then goes outside and waves at the girl while she thinks he is still doing her from behind. For extra points do it on a the third floor or higher of a building, though this requires repelling equipment or a jet pack.
Dude, you can't believe it, but I actually pulled off the great Houdini last night, granted I got slapped, but I am only the third man in all of history to have ever done it.
33π 10π
A substitute for "OH MY GOD!" in a mock Indian accent.
Great Ghandi! That's a big gun!
8π 1π
Jill says "So what do you think of horror movies?"
Andrew says "its great achiever"
8π 1π
The Great Deceiver is the true god and everyone elseβs religion is based on what different people thing it is. It is truly up to you as to what it is.
βThe Great Deceiver is the true god, although people interpret what itβs true motivations are.β
8π 1π
The social regression of the United States between 2016 and 2019 where the two opposing sides are the Democrats and the Republicans fighting over political nonsense.
The Great Regression has no end in sight.
8π 1π
The period during the first 10 years of the 21st Century when the United States and Western Europe experienced severe financial mismanagement, executed dubious Middle East military expeditions, and purchased goods from foreign countries with unbounded borrowed money.
"The Great Squandering focus on terrorism was sleight-of-hand distraction away from the economic threat of China. We've been fooled. And as long as American's continue to bask in the luxury of fighting against each other, there's an increasing probability that our great-grandchildren will be speaking Chinglish."
8π 1π