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What is Economic meltdown and it relevance in banking industry?
If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.
The meaning of financial meltdown?
Financial meltdown is another term used for a financial crisis. You can compare the performance of the financial markets with the burning of a candle. The world economy and financial markets were in a bad mess a few months back due to the subprime economic crisis. Investment Banks went bust, home loan foreclosures and defaults were at their peak, stock markets crashed, etc etc
What is the meaning of a 'meltdown financial system'?
when money looses most or all of its value
What is a a good sentence with the word financial in it?
As the financial crisis in Greece worsens, companies are getting ready for everything from social unrest to a complete meltdown of the financial system.
Why did global financial meltdown happen?
The global financial meltdown of 2008 happened due to a combination of factors including subprime mortgage lending practices, complex financial products, inadequate regulation, and excessive risk-taking by financial institutions. This led to a domino effect, causing a collapse in the housing market, the failure of major financial institutions, and a severe credit crunch.
Where are all the special functions of the GoldenEye?
It can send out an electromagnetic pulse, causing a global computer meltdown.
What are some things people can do to prepare themselves for a financial meltdown?
To prepare for a financial meltdown one should cut down on their spending. Walking instead of using a car, home cooked meals instead of take-aways and turning electrical items off instead of leaving on stand-by.
What are the adverse effects of economic meltdown?
The effects of this economic meltdown are: 1. Banks have incurred huge losses. Their earnings came down. 2. Financial institutions have gone bust or have been taken over by bigger organizations 3. The housing prices have plummeted 4. The liquidity in the financial system has come down 5. High unemployment etc.
What has the author Peter J Brain written?
Peter J. Brain has written: 'Beyond meltdown' -- subject(s): Economic conditions, Financial crises
When was Summer Meltdown created?
Summer Meltdown was created in 2000.
When was Meltdown Records created?
Meltdown Records was created in 1985.
When was Meltdown - book - created?
Meltdown - book - was created in 2009.
