The sub-prime market for mortgages, which stood at around $30 billion in the mid 1990s, rose to $130 billion by 2000, and hit an all-time high of $625 billion in 2005.
Speaking of the recession, I finally found a good answer to this old question in my head: What's the movie Children of Men really about? It's not, as I first guessed, this: Neoliberalism as truly the end of history (1989 to 2008).
Instead it is about the end of the end of history, which is the Great Recession (2008 to now). From Capitalist Realism:
"The catastrophe in Children of Men is neither waiting down the road, nor has it already happened. Rather, it is being lived through."