Question

翻译一下 The financial crisis of 2007–2008, also known as the global financial crisis and

翻译一下
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.
The financial crisis originated from Wall Street's subprime mortgage crisis, and gradually evolved into a large-scale credit crisis. Subprime mortgages differ from traditional standard mortgages in that subprime mortgages are less demanding on the creditworthiness and repayment ability of borrowers, and lending rates are correspondingly higher than those of ordinary mortgages. Those who have been rejected by banks for providing high-quality mortgages due to poor credit records or weak repayment capacity will apply for subprime mortgages to purchase housing.
However, with the US housing market, especially short-term interest rates to improve the temperature, sub-prime loan repayment rates have risen sharply, home buyers greatly increased the burden of repayment. At the same time, the continued cooling of the housing market has also made it difficult for homebuyers to sell their homes or refinance them through mortgages. This situation led directly to a large number of loans to the borrower can not repay the loan on schedule, the bank to recover the house, but not sell high prices, large losses, triggered a subprime mortgage crisis.
The subprime mortgage crisis was a nationwide banking emergency that contributed to the U.S. recession of December 20
December 2007 – June 2009.It was triggered by a large decline in home prices after the collapse of a housing bubble, leading to mortgage delinquencies and foreclosures and the devaluation of housing-related securities. Declines in residential investment preceded the recession and were followed by reductions in household spending and then business investment. Spending reductions were more significant in areas with a combination of high household debt and larger housing price declines.

Answer 1

2008至2007的金融危机，也被称为全球金融危机和2008次金融危机，被许多经济学家认为是自20世纪30年代大萧条以来最严重的金融危机。
金融危机源于华尔街的次贷危机，并逐渐演变为一场大规模的信用危机。次级抵押贷款不同，次级抵押贷款不要求借款人还款能力的信用和传统的抵押贷款，贷款利率也相应高于普通抵押贷款。那些被银行拒绝为提供高质量的抵押贷款，由于不良的信用记录或偿还能力弱的银行将申请次级抵押贷款购买住房。
然而，随着美国房地产市场，尤其是短期利率的提高温度，次级抵押贷款的还款利率也大幅上升，购房者的还款负担大大增加。同时，住房市场的持续降温也使购房者出售房屋或再融资人通过抵押贷款难。这种情况直接导致了大量的贷款给借款人不能按期偿还贷款，银行收回房子，但不卖高价格，大的损失，引发了次贷危机。
次贷危机是一个全国性的银行业危机，促成了12月20日的美国经济衰退
十二月六月2007–2009。它是由房地产泡沫崩溃后的房价大幅下跌，触发，导致抵押贷款违约和丧失抵押品赎回权和房地产相关证券贬值。在衰退之前，住宅投资的下降，其次是家庭支出的减少，然后是商业投资。在高家庭债务和更大的住房价格下降相结合的地区，消费减少更为重要。

Answer 2

2007-2008的金融危机，也被熟知为全球金融危机，或者2008金融危机，被很多经济学家认为是继1930的大萧条之后的之严重的金融危机。

开头部分，供参考。