The document summarizes the US subprime crisis and its aftermath. It discusses:
- The origins of the crisis in the collapse of subprime mortgage markets in 2007.
- How risky lending practices, deregulation, and the housing bubble led to the crisis.
- The key events like the Lehman Brothers bankruptcy in 2008 that caused the crisis to spread globally.
- The consequences including economic recession in the US and worldwide, rising inequality, and diminished US influence internationally.
2. International Economy:
The US Subprime Crisis & the aftermath
Student presentation on the US economy
Facts & Figures of the US economy
When, who, how, what of the US subprime crisis and the
consequences
4. Introductory Question:
Is the EU crisis good or bad
for the US Economy?
Hint: Where do foreign investors put their money when
the EU zone is unstable?
5. Who’s fault is all this?
Under valued yuan
Debt Low
Never Interest
ending Rates
consumption
Chinese purchase of US
Government Bonds
10. International Economy:
The US Subprime Crisis & the aftermath
Student presentation on the US economy
Facts & Figures of the US economy
When, who, how, what of the US subprime crisis and the
consequences
11. It was an Inside Job*
*Inside Job: A crime committed by an individual who is in a position of trust
and has access to “inside knowledge, Urban Dictionary.
18. International Economy:
The US Subprime Crisis and the aftermath
Student presentation on the US economy
Facts & Figures of the US economy
When, who, how, what of the US subprime crisis and the
consequences
19. When
The very beginning of the end The total beginning of the end
Sept 2008: Lehman Brothers files
July 2007: two Bear Stearns for bankruptcy. Contagion spreads.
hedge funds specializing in By the end of the year, the US
subprime mortage debt collapse, and most of the rest of the world embark
losing all value on a global economic crisis that has
not yet ended.