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The Subprime Mortgage Crisis is an ongoing economic problem that has become more apparent in 2008 and has resulted in reduced liquidity in the global credit market and also the banking & financial systems. This crisis has exposed the weakness in the global financial system and also the regulatory framework that is overlooking them. Some of the reasons for this crisis are: 1. The US real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities The US Real estate market crash triggered the recession...
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoThe housing market crash
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Are you in a depression or recession?
The world is in a big recession.
The incident that triggered the beginning of World War 1 was the assassination of the heir to the throne of?
The incident that triggered the beginning of World War 1 was the assassination of the heir to the Austro-Hungarian throne.
Hilters invasion of what country actually triggered world war 2?
POLAND
Why was archduke ferdinad important?
His assassination (by Gavrilo Princip) is what triggered World War I.
Were did the assassination that triggered world war 1 occur?
He was killed in Sarajevohttp://en.wikipedia.org/wiki/Archduke_Franz_Ferdinand_of_Austria
What is the cause of world wide glacial recession?
Global warming
What was happening in the world when Harry Houdini was born?
Most likely it was a world wide recession, his father was a Hungarian imigrant.
What is the world wide depression?
World wide depression is nothing but the effect of Recession. Due to Economy Recession many people lay off and pink slips, this caused depression to the victims since the recession is sheer global economy, the depression raised globally.. Let me know if you need further deep dive. -Jitendra Nath Palem
Is it a good idea to Start a business right now?
God, no. World wide recession= Bad time.
Is Dubai financial crisis going to effect the recovery of recession?
Delay in recovery from world wide recession is a certainty. The issue will get deepened, as the crisis involves one of the fundamental concept is finance- sovereign guarantee.
Are you in a depression or recession?
The world is in a big recession.
Why there is recession all over the world?
There is an old saying...when the United States sneezes, the whole world catches a cold... In other words there is a recession all over the world because the United States is in a recession.
When was mount Katmai last eruption?
The largest eruption in the world this century occurred in 1912 at ... wide and triggered the collapse of Mount Katmai volcano 10 kilometers away to form a ...
Are wages high or low in a recession?
Not all sectors of the economy or professions are affected negatively by a recession, but times of economic hardship certainly are followed by high unemployment and wide cuts in wages.
England's demand for goods and textiles?
Decreases when there is a wide spread recession - as it is now cheers olga lednichenko
South Africa is currently in a recession. Motivate your answer?
South Africa is currently in a recession because of a great decline in demand for products and output of products due to a world market recession.
What is Australia economy?
In today's world of recession that has hit the world in a very big way, both the U.S.A. and Europe are suffering. Australia, on the other hand, has not felt the recession as much as U.S.A. and Europe, and job cutting has not begun.
