1. The Aftermath of the 2007
Financial Crisis (America)
Bradley Gavin, Samuel Dickson, Piravinth Kumar, Pantelis Charalampous and Mark
Drummond.

2. What is a recession?

3. So what were some of the
causes?

4. Causes
Interest Rates
9/11
Low Interest

5. Causes
Sub-prime mortgages
The Housing Market
Foreclosures

6. Foreclosure Map
• Las Vegas was
the worst hit
state in terms
of
foreclosures.
Datapointed, 2010. Rough Around the
Edges

7. Causes
Economic activity slowed.
Credit and confidence.
Bailouts.

8. Global Recession Timeline – USA & UK
(BBC News 2007, Global recession timeline)

9. Worldwide Effects

10. Worldwide impact.
Europe and Asia.
Business.
Japan and China.
GDP

11. The Effects it had on America…

12. Effects on America
Pre-crisis global GDP.
Unemployment
Crime rates.
People

13. Effects on America
US exports.
Inflation
Banks

14. What did the government do?

15. What did the government do?
Stabilisation of the banking
system.
‘The poor pay less’

16. What did the government do?
Affordable insurance.
Support

17. The Current Situation

18. The Current Situation
DOW Jones
Tax Cuts
Budget deficit.
GDP

19. The Current Situation
Obama
Apple
Estimated debt share

20. The Current Situation
The below link is a real time US
National debt clock.
US Debt Clock

21. Group View
Group made video.

22. Any Questions?