The Financial Crisis of 2007 – 2009 was the worst economic downturn since the Great Depression of the 1930’s
The Financial Crisis of 2007 – 2009 was the worst economic downturn since the Great Depression of the 1930’s, and like that event had global repercussions and consequences. Could the crisis have been prevented or significantly mitigated by better bank supervision?
The justification for low interest rates is no longer to save banks, but instead to goose the stock market as an indirect way to create jobs. And now, mutual and hedge-fund managers are scrambling their brains trying to figure out when rates will rise, trying to outguess the Fed and other investors. So what is your take on the timing of this turn?
Housing Starts after suffering their worst collapse in decades appear to have bottomed out two years ago and once again are recovering. Is the American Dream like the mythical Phoenix rising from the ashes? Your take!
Monetary policy in the US, especially the desire to increase interest rates at some time soon, will have international repercussions. One of these will be to strengthen an already strong dollar. Please discuss the consequences of such an interest rate rise on the US economy, taking into consideration the global ramifications.
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The financial crisis experienced in 2007-2009 would not have happened if there were better management and supervision of the banks. A huge blame is on the government, un modulated company policies and mismanagement in banks that time. For instance, the federal reserves allowed for bad lending such as mortgages, immense giving of loans to investors and acceptance of invalid securities on loans. Banks were ignorant on mortgages like the Citigroup officials…………………….
APA
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