The global economic crisis of 2008 began with the 2007 collapse of mortgage lending in the United States.

Name: The global economic crisis of 2008 began with the 2007 collapse of mortgage lending in the United States.
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The 2008 global economic crisis was indeed triggered by the collapse of mortgage lending in the United States in 2007, particularly in the subprime mortgage sector, leading to a severe international banking crisis and the Great Recession.

The Global Economic Crisis of 2008 Began with the 2007