When was the last financial crisis and what caused it?
The last financial crisis was from 2007-2008. It was dubbed the Global Financial Crisis (GFC) because it had severe worldwide economic impact. The Global Financial Crisis was caused by the predatory lending of low-income homebuyers, excessive risk-taking of Wall Street and the bursting of the United States hosing bubble.
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(Optional) Context information is below.
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Answer the following query.
When was the last financial crisis and what caused it?

user
The last financial crisis was from 2007-2008. It was dubbed the Global Financial Crisis (GFC) because it had severe worldwide economic impact. The Global Financial Crisis was caused by the predatory lending of low-income homebuyers, excessive risk-taking of Wall Street and the bursting of the United States hosing bubble.
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