2008-2011-2025

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FORD FOCUS LIFETIME MILEAGE EXPECTATIONS As with most vehicles, the Ford Focus can last a lifetime of around 200,000 miles. That being said, many owners have reported their Focus lasting 250,000 miles. If you drive an average of 15,000 miles each year, your Ford Focus can last around 13 to 16 years if maintained.
The 2008 financial crisis, also known as the global financial crisis, was a major worldwide economic crisis, centered in the United States, which triggered the Great Recession of late 2007 to mid-2009, the most severe downturn since the Wall Street crash of 1929 and Great Depression.
Clockwise from top-left: Lehman Brothers went bankrupt following the subprime mortgage crisis; Cyclone Nargis kills upwards of 138,373 in Myanmar and became the 7th-deadliest cyclone of all time; the 2008 Summer Olympics are held in Beijing, China whilst a series of unrest in Tibet was occurring against the games; an
November 4 2008 United States presidential election: Democratic U.S. Senator Barack Obama is elected as the 44th president of the United States and U.S. Senator Joe Biden is elected the 47th vice president. Barack Obama becomes the first African-American president-elect.
Senator Barack Obamas victory meant that, for the first time, an African American candidate was elected president of the United States an event that, for many, represented what The New York Times termed, a new era in a country where just 143 years ago, Mr. Obama, as a black man, could have been owned as a slave.
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The 2008 financial crisis began with cheap credit and lax lending standards that fueled a housing price bubble. The low-quality loans were packaged and resold to financial institutions as investments. When the bubble burst, the institutions were left holding trillions of dollars of worthless mortgages.
Nonetheless, in the fall of 2008, the economic contraction worsened, ultimately becoming deep enough and protracted enough to acquire the label the Great Recession. While the US economy bottomed out in the middle of 2009, the recovery in the years immediately following was by some measures unusually slow.
2007 2008 financial crisis / Start date

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