Credit crunch of 2008: Difference between revisions

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{{merge|Financial crisis of 2007|same event}}
{{Wikipediainfo}}
{{Wikipediainfo}}
A '''[[credit crunch]]''' occurred in '''[[2008]]'''. [[Pittman]] suggested that the [[event]] had parallels to the [[Reign of Terror|fall]] of the [[French]] [[aristocracy]] in the [[1790s]]. ([[TV]]: ''[[The Curse of Clyde Langer (TV story)|The Curse of Clyde Langer]]'')
A '''[[credit crunch]]''' occurred in '''[[2008]]'''. [[Pittman]] suggested that the [[event]] had parallels to the [[Reign of Terror|fall]] of the [[French]] [[aristocracy]] in the [[1790s]]. ([[TV]]: ''[[The Curse of Clyde Langer (TV story)|The Curse of Clyde Langer]]'')
[[Harry Sowersby]] stated that the credit crunch was one of the factors for the [[Danemouth Pleasure Park]] closing down, saying that "people can't afford to have [[fun]] anymore". ([[TV]]: ''[[The Mad Woman in the Attic (TV story)|The Mad Woman in the Attic]]'')
A [[recession]] occurred in [[2011]] in the wake of [[Miracle Day]]. ([[TV]]: ''[[The Gathering (TV story)|The Gathering]]'') As [[Rhys Williams]] learnt on the [[television]] [[news]], a [[run on the bank]]s was anticipated, which he likened to "a [[Lehman Brothers]]' thing". Noting that everything had been on a "[[knife]] [[edge]]" since 2008, Rhys said that the [[pension fund]]s would go [[bankrupt]] because of the Miracle and set off a [[domino effect]]. He went on to suggest that 2008 was instigated by [[the Three Families]] as the first stage of the plan, with [[Gwen Cooper]] conceding that it was possible. ([[TV]]: ''[[End of the Road (TV story)|End of the Road]]'')


[[Category:21st century Earth history]]
[[Category:21st century Earth history]]
[[Category:Events from the real world]]
[[Category:Events from the real world]]

Latest revision as of 22:23, 2 February 2024

This page should be merged.

It should be relocated at Financial crisis of 2007 because same event
Talk about it here or check the revision history for additional comments.

Credit crunch of 2008

A credit crunch occurred in 2008. Pittman suggested that the event had parallels to the fall of the French aristocracy in the 1790s. (TV: The Curse of Clyde Langer)

Harry Sowersby stated that the credit crunch was one of the factors for the Danemouth Pleasure Park closing down, saying that "people can't afford to have fun anymore". (TV: The Mad Woman in the Attic)

A recession occurred in 2011 in the wake of Miracle Day. (TV: The Gathering) As Rhys Williams learnt on the television news, a run on the banks was anticipated, which he likened to "a Lehman Brothers' thing". Noting that everything had been on a "knife edge" since 2008, Rhys said that the pension funds would go bankrupt because of the Miracle and set off a domino effect. He went on to suggest that 2008 was instigated by the Three Families as the first stage of the plan, with Gwen Cooper conceding that it was possible. (TV: End of the Road)