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The financial crisis of 2008 was initially caused by problems in the

The financial crisis of 2008 was initially caused by problems in the
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The financial crisis of 2008 was initially caused by problems in the

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User Rbento
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The financial crisis of 2008 was the Housing Market.

Answer: Housing Market
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User T Dhanunjay
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The financial crisis of 2008 was initially caused by problems in the "Housing Market," since lots of very influential banks had made very risky (sub-prime) loans to investors. 
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User Peter Kaufman
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