There have been international financial crisis that have started in a given region, for example, the Asian contagion in 1997 caused unrest throughout the world’s financial markets and more recently the credit crisis in 2007 and 2008 started with the subprime mortgage market in the United States. Financial markets have become more integrated. How does this integration of financial markets cause the crises to spread across many countries? Use the 2008 subprime crisis to explain your response and provide examples.