The U.S. economy faltering along with economies around the world during the 2007 - 2008 financial crisis is an example of the insulation of the U.S. economy to the globalization of the financial system.

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The 2007-2008 financial crisis exemplifies how interconnected and susceptible the U.S. economy is to the global financial system, as problems in the U.S. housing market and financial sector had widespread effects on economies around the world.

The US Economy Faltering Along with Economies Around the World During