10 years on from the credit crunch: share your memories
by Guardian readers from on (#2XK5K)
We want to hear from those who were affected by the 2007 financial crisis and how their situations have changed since then
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.