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How are you getting 5? In recent memory, there's only 3: dotcom bubble (2000), GFC (2008), covid (2020). You'd either have to go back in time even more (eg. sav
by gruez 1y ago
How are you getting 5? In recent memory, there's only 3: dotcom bubble (2000), GFC (2008), covid (2020). You'd either have to go back in time even more (eg. savings and loan crisis in the 80s/90s), or include regional ones (eg. eurozone crisis) to hit 5.
- tadfisher 1y agoMaybe they had strong exposure to Worldcom or Enron?
- lesuorac 1y agoAre you counting eurozone as 2011? I think it counts enough as American if it caused a downgrade in the USG's credit rating. [1]: https://en.wikipedia.org/wiki/August_2011_stock_markets_fall https://en.wikipedia.org/wiki/August_2011_stock_markets_fall