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The global financial crisis severely affected economies worldwide, impacting Japan during the tenure of Prime Minister Yasuo Fukuda. Originating from the United States, the crisis, which began in 2007 and spanned several years, was marked by a housing market collapse, bank failures, and a subsequent deep recession. Its repercussions reverberated across financial systems, leading to international economic turmoil and necessitating coordinated efforts to stabilize the global economy.