The immediate cause of the 2006-2010 economic crisis was the bursting of the U.S. housing bubble.

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The bursting of the U.S. housing bubble in 2006 was a key factor that led to the economic crisis that lasted from 2007 to 2010. The inflated housing market created a false sense of security, causing many homeowners to take on mortgages they couldn't afford. When housing prices began to fall, many homeowners found themselves with negative equity, leading to defaults on their mortgages, foreclosures, and a ripple effect throughout the financial industry.

The Immediate Cause of the 2006-2010 Economic Crisis Was the Bursting