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How does the global financial crisis affect the budget situation in Ghana?
The global financial crisis has a negative effect on the budget situation in Ghana. The country is at a crisis point, with a corrupt government and the people are suffering greatly.
How does the current financial crisis effect Australians?
less money to spend on 4x
What impact did the collapse of subprime mortgage bonds have on the global financial crisis of 2008?
The collapse of subprime mortgage bonds played a significant role in triggering the global financial crisis of 2008. These bonds were tied to high-risk mortgages that were given to borrowers who were unlikely to repay them. When these bonds failed, it caused a ripple effect throughout the financial system, leading to widespread economic turmoil, bank failures, and a severe recession.
Was an effect of the Great Recession?
High unemployment was an effect of the Great Recession.
What were the main factors that led to the subprime mortgage crisis in 2008 and how did it impact the global economy?
The main factors that led to the subprime mortgage crisis in 2008 were risky lending practices, lax regulation, and a housing market bubble. This crisis impacted the global economy by causing a financial meltdown, leading to a recession, and triggering a domino effect that affected banks, businesses, and individuals worldwide.
What was the effect of the 1981-1982 recession?
High unemployment was an effect of the Great Recession.
How will the current financial crisis effect the future of Australians?
It will slow thing down a litle for a year or so but Australia is well positioned to ride out the storm.
Why should you invest overseas during a recession?
I'll get it started, investing overseas can be considered diversification of your portfolio. An account investing overseas is not as susceptible to US market fluctuations and gives you a chance to have stock in companies in other markets. While this is all true, it turns out as we've seen in the recent financial crisis that the US market can have much effect on other markets.
What was the effect of president roosevelts attempt to balance the federal budget?
economic recession
Effect of energy crisis?
The energy crisis can result in rolling blackouts.
How does global recession influence the banking sector?
The banking sector (or the finance industry in the broader sense) is the one that triggers global recession. In 2008 for instance, the collapse of Lehman Brothers created panic in the market, creating cascades of damages to the banking systems, which triggered a domino effect in the global scope (global crisis). The impact of the global crisis made the banking system more vigilant, more prepared for other crises in the future (that is inevitable) by adding more capitals that can withstand the severe scenarios during crisis. Timothy Geithner and his team did a 'stress test' during the 2008 crisis to determine how ill or how prepared the banks were.
How does recession effect stock market?
The recession causes stock prices to drop as a whole except a few defensive stocks such as Wal-Mart.
