A decade ago, the United States' economy was on the ropes amid a swirling global financial crisis and an untested President Barack Obama at the helm.
With homes being foreclosed and jobs rapidly being shed, the air was laden with a sense of doom. The era of US dominance seemed decidedly over.
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