This year 9 August will mark ten years since the world experienced the worst global financial crisis since the Great Depression of the 1930s. The FTSE lost 121 points that day, and in the US the Dow Jones average fell by 387.
Central bankers became so alarmed by banks’ reluctance to lend to each other that they took emergency action; the European Central Bank and the US Federal Reserve injected a combined $90bn into financial markets. The summer of 2007 also saw the UK’s first bank run in 150 years when customers queued outside Northern Rock to withdraw their savings.
Share your experiences
We would like to hear your memories of the credit crunch. How were you and your family affected indirectly or directly at the time? Perhaps you worked at a small business that collapsed or had to accept a pay freeze. How has your situation changed since, and what do you think can be learnt from what happened?
You can share your stories, anonymously if you prefer, in the form below. The form is encrypted and only the Guardian can see your responses. We will feature some of them in our reporting.
