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    The Subprime Meltdown that occurred in the United States, together with the financial turmoil in the rest of the world, was not only the result of the collapse of major financial institutions such as Lehman Brothers, but also a consequence of global market imbalances and instability. The consequences of this meltdown were significant, not only for the affected countries, but also for global financial markets. It was a turning point for both the United States and the international financial system, and one that is likely to have important implications for the years to come.

    BCG Matrix Analysis

    In the fall of 2008, the United States economy went into crisis and the world’s financial markets experienced turmoil. The cause of the meltdown, which affected the U.S. And world economies and international markets, was subprime lending. Subprime lending is a housing mortgage product marketed for people who do not qualify for traditional mortgages due to low credit scores, income, or debt-to-income ratios. This was a significant market failure, which allowed subprime l