0
Some reasons for the recent US crisis are
1. The US real estate market crash - People thought that the real estate prices in US would never come down. but when it did, it brought the whole economy with it
2. The subprime mortgage loans - Loans were given to people with bad credit history.
3. Subprime Mortgage Backed securities - The derivative products produced by investment banks that cast the spell of doom on them. Example lehmann..
4. Credit Default Swaps - Insurance obligations that were created to save investment banks from loan defaults. This caused the insurance companies get into trouble. example AIG
What else can I help you with?
What is the reasons for the downfall of US dollar?
The recent recession is one major reason.
Can the 2008 US recession cause veterans' disability benefits to be canceled?
Its a Pickle!
Is overproduction a cause of the recession?
It was a cause of the depression, and probable the recession but I'm not sure
What month and year did the most recent us recession began and end?
The most recent U.S. recession began in February 2020 and officially ended in April 2020, according to the National Bureau of Economic Research (NBER). This recession was primarily triggered by the economic impact of the COVID-19 pandemic. Despite its brief duration, it had significant effects on the economy and labor market.
Can chewing ice cause gum recession?
no it can't but it isn't very healthy for gums but it won't cause recession
How much it will cost to relieve us from the recession?
It will cost about 850,000,000,000 dollars to relieve us fro the recession
Which countries are least affected by the recession?
Countries such as Turkey, India, China, Qatar, Canada and Australia are seen to be least affected by the recent recession.
Most affected countries during recession?
In the recent recession the main affected countries are The U.S.A ,Europe, Japan and China and Asia as well.
Will the US go into recession?
It has.
What makes a country to be headed into recession?
Bad economic and fiscal policies may cause a recession.
What caused the recession in the US in 2001 to be mild?
The suspect lending practices was one of the causes of the recession in the US in 2001.
What most reflected the cause of the rapid change in the percentage of unemployed people in the US from 1927 to 1933?
by the New Deal.
