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The 2007 financial crisis was started by risky investments connected to __________ loans.

User HowYaDoing
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Answer: ITS B

Step-by-step explanation:

I’m slow but ik cus ik

User Alexandru Vlas
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Answer: Mortgage Loans

Explanation: The financial crisis in 2007 that produced a worldwide recession was due to the sudden downturn in the non-conventional mortgage backed securities market in the U.S.

This downturn was caused by a fall in prices of houses . This put pressure on the mortgage-backed security bond market where massive numbers of bonds based on non-conventional mortgages were suddenly vulnerable to default.

Holders of the mortgage-backed security bonds had to raise large amounts of money to cover the loans they had taken to buy the bonds, thereby creating a liquidity crisis that affected economies globally.

User AbaEesa
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