2008 in economics

The following economics-related events occurred in 2008.

October

 * October 5
 * The German government moves to back troubled Hypo Real Estate with a 50 billion euro rescue plan. (MarketWatch)
 * German Chancellor Angela Merkel announces that Germany will explicitly guarantee the deposits in banks held by its citizens. (MarketWatch)
 * October 9
 * Iceland nationalises Kaupthing Bank.
 * IMF: World on brink of recession; prepares special loan program.
 * Markets down across the world; Dow Jones falls below 9,000.
 * October 10
 * Hampshire councils have £3 million invested in Icelandic banks.
 * Dow Jones recovers hundreds of points, before losing them in minutes.
 * Global markets plunge.
 * WTO calls meeting on trade finance and economic crisis.
 * October 11
 * G7 says "all available tools" will be used to solve crisis.
 * October 11: Iceland and United Kingdom in diplomatic dispute over financial crisis.
 * October 11: George W. Bush attempts to reassure Americans in radio address.