Causes of the Financial Crisis of 2007-2010

Causes of the Financial Crisis of 2007-2010

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Many factors directly and indirectly caused the ongoing Financial crisis of 2007-2010, with experts placing different weights upon particular causes. The complexity and interdependence of many of the causes, as well as competing political, economic and organizational interests, have resulted in a variety of narratives describing the crisis. One category of causes created a vulnerable or fragile financial system, including complex financial securities, a dependence on short-term funding markets, and international trade imbalances. Other causes increased the stress on this fragile system, such as high corporate and consumer debt levels. Still others represent shocks to that system, such as the ongoing foreclosure crisis and the failures of key financial institutions.show more

Product details

  • Paperback | 160 pages
  • 152 x 229 x 9mm | 245g
  • Fer Publishing
  • United States
  • English
  • 6135846019
  • 9786135846010