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The recession that began in December 2007 and ended in June 2009
The Great Recession was a period of marked general decline (recession) observed in national economies globally that occurred between 2007 and 2009. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2006. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. The combination of banks unable to provide funds to businesses, and homeowners paying down debt rather than borrowing and spending, resulted in the Great Recession that began in the U.S. officially in December 2007 and lasted until June 2009, thus extending over 19 months
是從廢除資本主義邁向共產主義的過渡階段的統治;在此過渡階段,
定律嚟㗎喎
你唔識就算鳩數啦
Whereby post revolution state wor
你咪比下囉,你咪試下講下支那民主係民主囉
但係列寧果種,基本上全世界都會咁講佢地係共產主義movement
Marxist–Leninist states have been commonly referred to by Western academics as communist states.
A communist state, also known as a Marxist–Leninist state, is a state that is administered and governed by a single communist party guided by Marxism–Leninism.