Task: Text Simplification
Input (English): The financial crisis of 2007 – 2008 , also known as the global financial crisis and the 2008 financial crisis , was a severe worldwide economic crisis considered by many economists to have been the most serious financial crisis since the Great Depression of the 1930s , to which it is often compared .
Output (English): The financial crisis of 2007 – 2008 was a major financial crisis , the worst of its kind since the Great Depression in the 1930s .