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The crisis cost more.
The recent crisis cost about ten per cent of G.D.P.
The 2008 financial crisis cost around 20 million jobs across China.
To this day, nobody knows for sure how much the crisis cost the taxpayer.
The financial crisis cost jobs and increased poverty, particularly amongst the already very poor.
The cleanup from that crisis cost taxpayers about $125 billion (pdf), back when that was real money.
Similar(32)
Securities backed by toxic mortgages imploded during the crisis, costing investors billions of dollars.
The World Bank has said that China's water crisis costs the country more than 2% of GDP, mostly because of damage to health.
When Lincoln went bankrupt in 1989 — one of the biggest collapses of the savings and loan crisis, costing taxpayers $3.4 billion — the Keating Five became infamous.
A pan-European strategy is all the more necessary because the euro was constructed without any mechanisms for averting or resolving crises — and with no agreement on who is ultimately responsible for financing crisis costs.
World Bank officials say that the crisis costs Madagascar the equivalent of a year's worth of debt relief every few days.The six main banks can extend no credit, since they have no income.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com