2008 Economic Crisis

Well, producers pay it, so it raises the cost of the final product, lessening the appeal of the item as some can't afford it and others who can afford it still opt for a lower price alternative. Say, renting a video rather than going to a movie. So0, it raises costs and lowers sales. Generally.

Lehman Brothers was a global financial services firm that primarily engaged in investment banking, trading, and investment management. They faced significant trouble during the 2008 financial crisis due to their heavy exposure to subprime mortgages and risky financial products, leading to massive losses. Ultimately, their inability to secure funding and investor confidence resulted in the firm filing for bankruptcy, marking one of the largest bankruptcies in U.S. history and triggering a widespread financial crisis.

The current price of gold is $1592.60 per troy ounce.

You can find daily up to date prices of gold and other precious metals at

Free Bullion Investment Guide

or

Kitco

or

24h Gold

Malaysian companies that export stuff to US may have to cut down on their production due to reduced demand from the US.

Hence these companies may not be able to sustain and pay the same number of people they employed till last year. So they may want to reduce their workforce to maintain their profit margins.

You can expect a significant effect on Employment in Malaysia (Or for that matter all over the world) because of the US recession

You consider the factors - how hard it was to make, what facilities (appliances were used), how much the ingredients cost and where you are selling it. That's why eat out is cheaper than eat in. So if your premises are very expensive, then so is the food.

It takes their money in order to get out of debt.

A recession can be characterized by: * a period of unemployment * increase in government involvement such as monetarism * cash flow is reduced. There is less consumer spending, and more saving

It does not pollute and is a very cost-effective energy source.

•IF ANY FINANCIAL INSTITUTION TAKE LOAN BEYOND ITS CAPACITY(MEANS ITS LOAN AND ITS INVESTMENT ACCOUNT EXCEED ITS CAPITAL) THEN CONDITIO MAY BECOME UNCTOLLED.

•

•UNSECURED LOAN AND INVESTMENT CREAT MUCH RISK FOR THE FINANCIAL INSTITUTION.

Internet provides widely information to the customers who want to buy the stock so the result it gives the low average income to the stockbrokers who made it traditional way

One facet of McCain's plan was to use federal dollars to buy all the bad mortgages. The rest can probably be found on his website.

Lehman brothers

AIG

barns and sterns

It helps to earn foreign exchange

very helpful

-By Rutvik A. Shah