Economic Downturn And Financial Crisis

Economic Downturn And Financial Crisis

Introduction At the very present moment, whole world is suffering from Covid-19 pandemic situation. The drastic uncertainty has also been generated in the world economy due to this pandemic situation that is leading towards a major financial crisis. Previously, the world economy has faced major financial crisis through great recession during 2007-2008. Due to...

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The Financial Crisis In The USA In 2007-2009

The 2007 Financial crisis broke down the unregulated use of the derivatives. This is known as the subprime mortgage crisis severely resulted in the collapse of the U.S.A housing market. It caused failure or non-failure of the major investment, saving and loan associations, mortgage lenders and insurance companies. The depression was enough severe that...

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