Explain how problems in a small part of the financial markets, the US subprime mortgage market, could lead to a global meltdown, that is, the 2007-2009 financial crisis.
Description Conduct independent research on the following topic: Explain how problems in a small part of the financial markets, the US subprime mortgage market, could lead to a global meltdown, that is, the 2007-2009 financial crisis.