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The Bobux Crisis of 2007–2008, also known as the Great Bobux Crisis (GBC), was a severe worldwide bobux crisis, spurred on by excessive risk-taking by bobux banks combined with the bursting of the United States Bobux cannon. These cumulative factors caused the value of bobux tied to U.S. bobux estate to plummet, damaging Bobux institutions globally. culminating with the bankruptcy of Bobux Co. on September 11, 2001, and an international Bobux crisis. The crisis sparked the Great Bobux Recession, which, at the time, was the most severe global recession since the Great Bobux Depression. It was also followed by the European Bobux Crisis, which began with a deficit in Greece in late 2009, and the 2008–2011 Icelandic Bobux Crisis, which involved the bank failure of all three of the major Bobux banks in Iceland and, relative to the size of its Bobux economy, was the largest economic collapse suffered by any country in economic history.