The 2008 financial meltdown affected economies worldwide.
Финансовый кризис 2008 года затронул экономики по всему миру.
Definitions
A financial meltdown refers to a severe and sudden collapse of financial markets or institutions, often characterized by a rapid decline in asset prices, widespread panic among investors, and significant economic disruption. It can result from various factors, including excessive debt, poor financial practices, or external economic shocks.
