History: September 14 (#4)

History: September 14 (#4)
Wikimedia Commons, CC BY-SA
September 14, 2007 Prelude to the 2008 financial crisis: Northern Rock bank experiences the first bank run in the United Kingdom in 150 years.

Commentary

Commentary

On September 14, in the year 2007: Prelude to th e 2008 financial crisis: Northern Rock bank experiences the first bank run in the United Kingdom in 150 years. A major worldwide financial crisis centered in the United States took place in 2008.

Commentary

Why September 14, 2007 matters: Prelude to the 2008 financial crisis: Northern Rock bank experiences the first bank run in the United Kingdom in 150 years. What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.

Commentary

Historical context: September 14, 2007 The 21st century has already seen profound shifts: the digital revo lution has connected billions while reshaping politics and culture; climate change has emerged as a defining crisis; and new powers have risen to challenge the world order that followed the Cold War. The event on this day: Prelude to the 2008 financial crisis: Northern Rock bank experiences the first bank run in the United Kingdom in 150 years. Source: https://en.wikipedia.org/wiki/2008_financial_crisis (Wikipedia, CC BY-SA)