Financial Crisis - America
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The document summarizes the aftermath of the 2007 financial crisis in America. It discusses the causes of the crisis, including low interest rates, sub-prime mortgages, and the housing market collapse. The effects in America included high unemployment, falling GDP, and rising crime rates. The government took actions to stabilize the banking system and provide more affordable insurance while cutting taxes to support the economy. The current situation shows continued high budget deficits and national debt despite growth in the stock market and GDP.
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The document summarizes the causes and effects of the 2008 global financial crisis, known as the global meltdown. It discusses how loose lending standards for subprime mortgages in the US housing market led to a housing bubble. Complex financial products distributed these risky mortgages globally. The bubble eventually burst, leading to the collapse of major financial institutions in the US. The crisis spread worldwide and caused a global economic slowdown, rising unemployment, and government bailouts totaling $2.4 trillion. India's economy was also impacted through weakened sectors like IT, real estate, and exports.
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The document discusses the causes and effects of the 2008 global financial crisis. It began with the collapse of the US housing market and subprime mortgage crisis. Low interest rates led to increased lending to subprime borrowers who took on mortgages they could not repay. These risky loans were repackaged and sold globally. When housing prices declined, borrowers defaulted, damaging financial institutions and triggering a global recession. India was impacted through declines in exports, foreign investments, and economic growth, though its banks were more stable due to stronger regulations.
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The document summarizes the global financial crisis of 2008. It describes how the crisis originated from the collapse of the US housing bubble and subprime mortgage crisis. Risky subprime mortgages were bundled into securities and spread throughout the global financial system. This led to the bankruptcy of major financial institutions like Lehman Brothers and the near failure of insurance giant AIG. Governments around the world implemented bailout packages totaling over $2 trillion to stabilize their financial systems and stimulate economic recovery. The crisis had significant impacts on trade, unemployment, and economic growth worldwide.
A Study on Subprime Mortgage Crisis
Read this Sample Report on "A Study on Subprime Mortgage Crisis", written by a professional writer of Instant Assignment Help. We offer free assignment samples to the students drafted by academic experts. We provide top quality assignments to the scholars which helps them in achieving perfect grades in their academics. If you are facing any problem in writing your assignments then contact us to get the best assignment help online in UK. Place your order now to get upto 50% discount + 5% cash back.
Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05
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1) The document discusses the sub-prime mortgage crisis that began in 2007 in the US. Sub-prime loans were given to borrowers with poor credit histories at higher interest rates due to the perceived lower risk of default during a housing boom.
2) As the housing market declined, sub-prime borrowers defaulted on their loans in large numbers, reducing the value of mortgage-backed securities and derivatives that had spread the risks throughout the global financial system.
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Financial Crisis - America
- 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?