The 2007 - 2008 financial crisis is an example of the globalization of the financial system.

Name: The 2007 - 2008 financial crisis is an example of the globalization of the financial system.
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The 2007-2008 financial crisis demonstrated the interconnectedness of global financial markets, as problems originating in the U.S. housing market and financial system quickly spread to other countries, affecting global financial stability and economic performance.

The 2007 - 2008 Financial Crisis Is an Example of the Globalization