The financial crisis that started in the United States and swept around the world in 2008 and 2009 could be attributed to the increasing correlation between different stock markets across the world.

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The financial crisis of 2008 and 2009 was a global phenomenon that affected countries all over the world. One of the contributing factors was the increasing interconnectedness of different stock markets due to globalization and the ease of capital flows between countries. This led to the spread of financial contagion and the amplification of the crisis across borders.

The Financial Crisis That Started in the United States and Swept