A decade ago, US financial services giant Lehman Brothers collapsed. That event triggered the landslide that became the most severe global financial crisis since the 1930s. Draw a line from that moment - Sept 15, 2008 - to all that came next.
The US financial crisis triggered a global recession and a European sovereign debt crisis severe enough to call the very survival of the euro zone into question. It also persuaded China's leaders that economic reform could no longer wait.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
