SlideShare a Scribd company logo
2008 CRISIS VS 2020
CRISIS
PRANJIT DEKA SECTION A
Global 2008 crisis
 Housing prices started to fall
 Insatiable demand for mortgages
 Banks have to absorb losses
 Investors sold of their shares
 Investment banks jumped neck-deep into risk
2020 Global crisis
 loss of 600 lakh crores in the economy
 The corona crisis
 Stock market is falling down
 Weaker growth in both advance and
developing countries
Causes
 2008 global crisis
 Increased borrowing by banks and investors
 Deregulation in financial history
 Excessive risk taking in macroeconomic
environment
Causes
 2020 global crisis
 Corona virus created chaos
 Countries daily functions have been locked
out
 Scarcity of resources
Impact
 Global 2008 crisis
 Financial crisis cost the us an estimated $648
billion
 Us lost $3.4 trillion in real estate wealth
 Slowdown in international trade
 Declines in consumer wealth
Impact
 2020 global crisis
 Declining oil prices
 Tourism suffered the most
 Consumers buying less
 Manufacturing sectors slowed down
 Stock markets declined
Suggestions
Two things could have prevented the 2008 crisis:
 The first would have been regulation of mortgage brokers, who made the bad loans, and
hedge funds, which used too much leverage
 The second would have been recognized early on that it was a credibility problem. The
only solution was for the government to buy bad loans
Suggestions
Suggestions that could have avoid the 2020 crisis:
 Clean your hands often
 Avoid close contact and Stay home if you’re sick
 use a hand sanitizer that contains at least 60% alcohol.
 Avoid touching your eyes, nose, and mouth with unwashed hands.
 Cover coughs and sneezes
 Wear a facemask if you are sick

More Related Content

What's hot

2008 Wall Street Crisis Timeline (as of October 3, 2008)
2008 Wall Street Crisis Timeline (as of October 3, 2008)2008 Wall Street Crisis Timeline (as of October 3, 2008)
2008 Wall Street Crisis Timeline (as of October 3, 2008)
cesar magnaye
 
The Global Financial Crisis - 2016 Analysis
The Global Financial Crisis - 2016 AnalysisThe Global Financial Crisis - 2016 Analysis
The Global Financial Crisis - 2016 Analysis
Sara Marshall
 
Credit crisis
Credit crisisCredit crisis
Credit crisis
Deepak Agarwal
 
S&L Vs Subprime Crisis
S&L Vs Subprime CrisisS&L Vs Subprime Crisis
S&L Vs Subprime Crisis
Amar Ranu
 
SubPrime Crisis
SubPrime CrisisSubPrime Crisis
SubPrime Crisis
Anup Tiwari
 
Subprime Mortgage Crisis 2008
Subprime Mortgage Crisis 2008Subprime Mortgage Crisis 2008
Subprime Mortgage Crisis 2008
Robin Thieu
 
Carlyle Macro Perspective Jan 20091
Carlyle Macro Perspective Jan 20091Carlyle Macro Perspective Jan 20091
Carlyle Macro Perspective Jan 20091
Eliot Jacobsen
 
Daily report commodities
Daily report commodities Daily report commodities
Daily report commodities
zerobrokerageunlimitedtrading
 
NEP Presentation
NEP PresentationNEP Presentation
NEP Presentation
Himanshi Bansal
 
AEI State of the Union series: Medicare
AEI State of the Union series: MedicareAEI State of the Union series: Medicare
AEI State of the Union series: Medicare
AEI
 
Financial Crisis PowerPoint Presentation Slides
Financial Crisis PowerPoint Presentation SlidesFinancial Crisis PowerPoint Presentation Slides
Financial Crisis PowerPoint Presentation Slides
SlideTeam
 
The financial crises of 2007.
The financial crises of 2007.The financial crises of 2007.
The financial crises of 2007.
Telenor
 
Global Meltdown and it's effects on India
 Global Meltdown and it's effects on India Global Meltdown and it's effects on India
Global Meltdown and it's effects on India
Amol Shenvi
 
2008 crisis
2008 crisis2008 crisis
2008 crisis
Dishant Nagrani
 
UBS & Subprime Mortgage Crises
UBS & Subprime Mortgage CrisesUBS & Subprime Mortgage Crises
UBS & Subprime Mortgage Crises
Richa Arora
 
Late 2000s Recession
Late 2000s RecessionLate 2000s Recession
Late 2000s Recession
Ninh Nguyen
 
Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05
Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05
Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05
Walid Zohair
 
5 th weekly news
5 th weekly news5 th weekly news
5 th weekly news
Harpreet Kaur
 
THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008
THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008
THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008
Auckland University of Technology
 
The subprime crisis in 2008
The subprime crisis in 2008The subprime crisis in 2008
The subprime crisis in 2008
Warren Kang
 

What's hot (20)

2008 Wall Street Crisis Timeline (as of October 3, 2008)
2008 Wall Street Crisis Timeline (as of October 3, 2008)2008 Wall Street Crisis Timeline (as of October 3, 2008)
2008 Wall Street Crisis Timeline (as of October 3, 2008)
 
The Global Financial Crisis - 2016 Analysis
The Global Financial Crisis - 2016 AnalysisThe Global Financial Crisis - 2016 Analysis
The Global Financial Crisis - 2016 Analysis
 
Credit crisis
Credit crisisCredit crisis
Credit crisis
 
S&L Vs Subprime Crisis
S&L Vs Subprime CrisisS&L Vs Subprime Crisis
S&L Vs Subprime Crisis
 
SubPrime Crisis
SubPrime CrisisSubPrime Crisis
SubPrime Crisis
 
Subprime Mortgage Crisis 2008
Subprime Mortgage Crisis 2008Subprime Mortgage Crisis 2008
Subprime Mortgage Crisis 2008
 
Carlyle Macro Perspective Jan 20091
Carlyle Macro Perspective Jan 20091Carlyle Macro Perspective Jan 20091
Carlyle Macro Perspective Jan 20091
 
Daily report commodities
Daily report commodities Daily report commodities
Daily report commodities
 
NEP Presentation
NEP PresentationNEP Presentation
NEP Presentation
 
AEI State of the Union series: Medicare
AEI State of the Union series: MedicareAEI State of the Union series: Medicare
AEI State of the Union series: Medicare
 
Financial Crisis PowerPoint Presentation Slides
Financial Crisis PowerPoint Presentation SlidesFinancial Crisis PowerPoint Presentation Slides
Financial Crisis PowerPoint Presentation Slides
 
The financial crises of 2007.
The financial crises of 2007.The financial crises of 2007.
The financial crises of 2007.
 
Global Meltdown and it's effects on India
 Global Meltdown and it's effects on India Global Meltdown and it's effects on India
Global Meltdown and it's effects on India
 
2008 crisis
2008 crisis2008 crisis
2008 crisis
 
UBS & Subprime Mortgage Crises
UBS & Subprime Mortgage CrisesUBS & Subprime Mortgage Crises
UBS & Subprime Mortgage Crises
 
Late 2000s Recession
Late 2000s RecessionLate 2000s Recession
Late 2000s Recession
 
Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05
Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05
Subprime Mortgage Crisis & Securitization 19 jan-2014 - v 01.00.05
 
5 th weekly news
5 th weekly news5 th weekly news
5 th weekly news
 
THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008
THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008
THE GLOBAL FINANCIAL CRISIS AND THE LIBOR SCAM OF 2008
 
The subprime crisis in 2008
The subprime crisis in 2008The subprime crisis in 2008
The subprime crisis in 2008
 

Similar to IFS

recession.pptx
recession.pptxrecession.pptx
recession.pptx
mohamadnaim18
 
Financial Crisis 2008
Financial Crisis 2008Financial Crisis 2008
Financial Crisis 2008
Thanuja Seneviratne
 
Ahmad crisis
Ahmad crisisAhmad crisis
Ahmad crisis
Husnain Haider
 
Financial Crisis 2008.pdf
Financial Crisis 2008.pdfFinancial Crisis 2008.pdf
Financial Crisis 2008.pdf
NafisFateh
 
Uk slowdown
Uk slowdownUk slowdown
Uk slowdown
Shubhangi Tank
 
Global financial-crisis-1228410534714358-9-120221063824-phpapp02
Global financial-crisis-1228410534714358-9-120221063824-phpapp02Global financial-crisis-1228410534714358-9-120221063824-phpapp02
Global financial-crisis-1228410534714358-9-120221063824-phpapp02
Shalini Jain
 
current economic and financial crisis
current economic and financial crisiscurrent economic and financial crisis
current economic and financial crisis
octoblue
 
GLOBAL CRISIS AND ITS IMPACT ON INDIA
GLOBAL CRISIS AND ITS IMPACT ON INDIAGLOBAL CRISIS AND ITS IMPACT ON INDIA
GLOBAL CRISIS AND ITS IMPACT ON INDIA
Naveen Kumar
 
The global financial crisis of 2008
The global financial crisis of 2008The global financial crisis of 2008
The global financial crisis of 2008
Academic Research Paper Writing Services
 
The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie
 The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie
The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie
valliappan1991
 
Global crisis 2008 vs global crisis 2020 Arti Sharma
Global crisis 2008 vs global crisis 2020 Arti SharmaGlobal crisis 2008 vs global crisis 2020 Arti Sharma
Global crisis 2008 vs global crisis 2020 Arti Sharma
suyash222
 
After the storm 27 aug 2010
After the storm  27 aug 2010After the storm  27 aug 2010
After the storm 27 aug 2010
Gaurav Sharma
 
Global Financial Crisis
Global Financial CrisisGlobal Financial Crisis
Global Financial Crisis
Kumar Kumar
 
Global financial crisis 2008
Global financial crisis 2008Global financial crisis 2008
Global financial crisis 2008
valliappan1991
 
SEP - Crisis: causes, consequences and cures Short Version
SEP - Crisis: causes, consequences and cures Short VersionSEP - Crisis: causes, consequences and cures Short Version
SEP - Crisis: causes, consequences and cures Short Version
PRBS
 
Covid19 pandemic & the connectedness across financial market.pptx
Covid19 pandemic & the connectedness across financial market.pptxCovid19 pandemic & the connectedness across financial market.pptx
Covid19 pandemic & the connectedness across financial market.pptx
MdAbdullahAlMamun803240
 
Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....
Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....
Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....
GeorgeKabongah2
 
Global shippinganalyticsmonthly
Global shippinganalyticsmonthlyGlobal shippinganalyticsmonthly
Global shippinganalyticsmonthly
Wilson Costa
 
After the storm- Global Financial Crisis 27 aug 2010
After the storm- Global Financial Crisis  27 aug 2010After the storm- Global Financial Crisis  27 aug 2010
After the storm- Global Financial Crisis 27 aug 2010
Gaurav Sharma
 
Financial crisis
Financial crisisFinancial crisis
Financial crisis
stevenballantyne
 

Similar to IFS (20)

recession.pptx
recession.pptxrecession.pptx
recession.pptx
 
Financial Crisis 2008
Financial Crisis 2008Financial Crisis 2008
Financial Crisis 2008
 
Ahmad crisis
Ahmad crisisAhmad crisis
Ahmad crisis
 
Financial Crisis 2008.pdf
Financial Crisis 2008.pdfFinancial Crisis 2008.pdf
Financial Crisis 2008.pdf
 
Uk slowdown
Uk slowdownUk slowdown
Uk slowdown
 
Global financial-crisis-1228410534714358-9-120221063824-phpapp02
Global financial-crisis-1228410534714358-9-120221063824-phpapp02Global financial-crisis-1228410534714358-9-120221063824-phpapp02
Global financial-crisis-1228410534714358-9-120221063824-phpapp02
 
current economic and financial crisis
current economic and financial crisiscurrent economic and financial crisis
current economic and financial crisis
 
GLOBAL CRISIS AND ITS IMPACT ON INDIA
GLOBAL CRISIS AND ITS IMPACT ON INDIAGLOBAL CRISIS AND ITS IMPACT ON INDIA
GLOBAL CRISIS AND ITS IMPACT ON INDIA
 
The global financial crisis of 2008
The global financial crisis of 2008The global financial crisis of 2008
The global financial crisis of 2008
 
The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie
 The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie
The Economic Crisis of 2008 (US Housing Bubble) - Inside Job Movie
 
Global crisis 2008 vs global crisis 2020 Arti Sharma
Global crisis 2008 vs global crisis 2020 Arti SharmaGlobal crisis 2008 vs global crisis 2020 Arti Sharma
Global crisis 2008 vs global crisis 2020 Arti Sharma
 
After the storm 27 aug 2010
After the storm  27 aug 2010After the storm  27 aug 2010
After the storm 27 aug 2010
 
Global Financial Crisis
Global Financial CrisisGlobal Financial Crisis
Global Financial Crisis
 
Global financial crisis 2008
Global financial crisis 2008Global financial crisis 2008
Global financial crisis 2008
 
SEP - Crisis: causes, consequences and cures Short Version
SEP - Crisis: causes, consequences and cures Short VersionSEP - Crisis: causes, consequences and cures Short Version
SEP - Crisis: causes, consequences and cures Short Version
 
Covid19 pandemic & the connectedness across financial market.pptx
Covid19 pandemic & the connectedness across financial market.pptxCovid19 pandemic & the connectedness across financial market.pptx
Covid19 pandemic & the connectedness across financial market.pptx
 
Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....
Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....
Summer 2023 Class Presentation on Financial Crises _ Causes and Consequences....
 
Global shippinganalyticsmonthly
Global shippinganalyticsmonthlyGlobal shippinganalyticsmonthly
Global shippinganalyticsmonthly
 
After the storm- Global Financial Crisis 27 aug 2010
After the storm- Global Financial Crisis  27 aug 2010After the storm- Global Financial Crisis  27 aug 2010
After the storm- Global Financial Crisis 27 aug 2010
 
Financial crisis
Financial crisisFinancial crisis
Financial crisis
 

More from Pranjitdeka6

18-64
18-6418-64
Yoghourt
YoghourtYoghourt
Yoghourt
Pranjitdeka6
 
Nestle
NestleNestle
Nestle
Pranjitdeka6
 
Ipl and psl
Ipl and pslIpl and psl
Ipl and psl
Pranjitdeka6
 
Design of the sports hub
Design of the sports hubDesign of the sports hub
Design of the sports hub
Pranjitdeka6
 
Sports Brand Management
Sports Brand ManagementSports Brand Management
Sports Brand Management
Pranjitdeka6
 
Sports marketing
Sports marketingSports marketing
Sports marketing
Pranjitdeka6
 
Sales management - MBA
Sales management - MBASales management - MBA
Sales management - MBA
Pranjitdeka6
 

More from Pranjitdeka6 (8)

18-64
18-6418-64
18-64
 
Yoghourt
YoghourtYoghourt
Yoghourt
 
Nestle
NestleNestle
Nestle
 
Ipl and psl
Ipl and pslIpl and psl
Ipl and psl
 
Design of the sports hub
Design of the sports hubDesign of the sports hub
Design of the sports hub
 
Sports Brand Management
Sports Brand ManagementSports Brand Management
Sports Brand Management
 
Sports marketing
Sports marketingSports marketing
Sports marketing
 
Sales management - MBA
Sales management - MBASales management - MBA
Sales management - MBA
 

Recently uploaded

Mandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPTMandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPT
MandalayResources
 
Voyager Space_Management Presentation_Final
Voyager Space_Management Presentation_FinalVoyager Space_Management Presentation_Final
Voyager Space_Management Presentation_Final
kboyd6
 
Collective Mining | Corporate Presentation - June 2024
Collective Mining  | Corporate Presentation - June 2024Collective Mining  | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024
CollectiveMining1
 
Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024
Methanex Corporation
 
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
SOFTTECHHUB
 
Cove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdf
Cove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdfCove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdf
Cove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdf
kboyd6
 
Cleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is BlueCleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is Blue
Cleades Robinson
 
一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理
一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理
一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理
nupyb
 
Corporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdfCorporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdf
Probe Gold
 
一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理
一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理
一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理
ybjk9iyd
 
mba project CRED.docx report for students final year
mba project CRED.docx report for students final yearmba project CRED.docx report for students final year
mba project CRED.docx report for students final year
JyothisaiBhavya4
 
一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理
一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理
一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理
ufomhev
 
一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理
一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理
一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理
gyucof
 
UnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press ReleaseUnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press Release
LHelferty
 
AGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdfAGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdf
Probe Gold
 
Cyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdfCyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdf
CyberAgent, Inc.
 
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd
 

Recently uploaded (17)

Mandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPTMandalay Resouces June 2024 Investor Relations PPT
Mandalay Resouces June 2024 Investor Relations PPT
 
Voyager Space_Management Presentation_Final
Voyager Space_Management Presentation_FinalVoyager Space_Management Presentation_Final
Voyager Space_Management Presentation_Final
 
Collective Mining | Corporate Presentation - June 2024
Collective Mining  | Corporate Presentation - June 2024Collective Mining  | Corporate Presentation - June 2024
Collective Mining | Corporate Presentation - June 2024
 
Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024Methanex Investor Presentation - April 2024
Methanex Investor Presentation - April 2024
 
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdf
 
Cove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdf
Cove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdfCove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdf
Cove Multifamily Income Fund 28 LLC IOI 3.3.2021 (1).pdf
 
Cleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is BlueCleades robinson:The Diplomat is Blue
Cleades robinson:The Diplomat is Blue
 
一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理
一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理
一比一原版(UAL毕业证)伦敦艺术大学毕业证如何办理
 
Corporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdfCorporate Presentation Probe June 2024.pdf
Corporate Presentation Probe June 2024.pdf
 
一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理
一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理
一比一原版(Carleton毕业证)加拿大卡尔顿大学毕业证如何办理
 
mba project CRED.docx report for students final year
mba project CRED.docx report for students final yearmba project CRED.docx report for students final year
mba project CRED.docx report for students final year
 
一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理
一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理
一比一原版(uvic毕业证书)加拿大维多利亚大学毕业证如何办理
 
一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理
一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理
一比一原版格罗宁根大学毕业证(RUG毕业证书)学历如何办理
 
UnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press ReleaseUnityNet World Environment Day Abraham Project 2024 Press Release
UnityNet World Environment Day Abraham Project 2024 Press Release
 
AGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdfAGM Presentation Probe June 11 Final.pdf
AGM Presentation Probe June 11 Final.pdf
 
Cyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdfCyberagent_For New Investors_EN_240424.pdf
Cyberagent_For New Investors_EN_240424.pdf
 
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
Osisko Gold Royalties Ltd - Corporate Presentation, June 12, 2024
 

IFS

  • 1. 2008 CRISIS VS 2020 CRISIS PRANJIT DEKA SECTION A
  • 2. Global 2008 crisis  Housing prices started to fall  Insatiable demand for mortgages  Banks have to absorb losses  Investors sold of their shares  Investment banks jumped neck-deep into risk
  • 3. 2020 Global crisis  loss of 600 lakh crores in the economy  The corona crisis  Stock market is falling down  Weaker growth in both advance and developing countries
  • 4. Causes  2008 global crisis  Increased borrowing by banks and investors  Deregulation in financial history  Excessive risk taking in macroeconomic environment
  • 5. Causes  2020 global crisis  Corona virus created chaos  Countries daily functions have been locked out  Scarcity of resources
  • 6. Impact  Global 2008 crisis  Financial crisis cost the us an estimated $648 billion  Us lost $3.4 trillion in real estate wealth  Slowdown in international trade  Declines in consumer wealth
  • 7. Impact  2020 global crisis  Declining oil prices  Tourism suffered the most  Consumers buying less  Manufacturing sectors slowed down  Stock markets declined
  • 8. Suggestions Two things could have prevented the 2008 crisis:  The first would have been regulation of mortgage brokers, who made the bad loans, and hedge funds, which used too much leverage  The second would have been recognized early on that it was a credibility problem. The only solution was for the government to buy bad loans
  • 9. Suggestions Suggestions that could have avoid the 2020 crisis:  Clean your hands often  Avoid close contact and Stay home if you’re sick  use a hand sanitizer that contains at least 60% alcohol.  Avoid touching your eyes, nose, and mouth with unwashed hands.  Cover coughs and sneezes  Wear a facemask if you are sick