| HBS Case Collection
(Revised from original 2008 version)
Understanding the Credit Crisis of 2007 to 2008
This note details the background of the credit crisis, discusses potential causes of it, and considers its ramifications. The exhibits contain a variety of pertinent data regarding the rise of securitization, debt levels, and typical aspects of financial crises. A new matrix is also introduced for thinking about a country's potential economic performance at any point in time.
Keywords: Financial Crisis;
Borrowing and Debt;